Which of the two views is more appropriate for understanding the ins and outs of the global pig market?
There was a time when pig price was determined by seasonal patterns and total production… Now the belly price is driving the carcass price in the United States.
Every week a new price is set that reflects a momentary and unstable but necessary and essential balance.
Being a high performing farm is not a sufficient condition to future success.
Europe has a surplus and needs to export. The USA has increased its production and needs to export. The Russian market is closed for Brazil, and Brazil needs to export…
The impact of Chinese tariffs on US pork, the pork exports picture, feed costs forecast and more...
Let’s hope that spring makes consumption grow. The foreign markets hesitate, and it will not be easy to sell the European surpluses.
Total forecasted average profitability for the year has eroded some, from about $25/head to around $12/head in the US.