Will the process of pig herd recovery in China be fast or slow?
The pig price in China has grown by 27.5% in 4 weeks from an already record price.
China has been buying great volumes of pork cuts in all Europe for a few weeks. The pig price in China has shown a spectacular rise.
How ready is the global meat sector for up to 25% of their current production to be offset by plant-based products in the next five years?
It is obvious that the current situation cannot last much, and that a correction will be needed soon: or our European competitors increase their prices or we reduce them.
A grand majority of countries expect maximum prices much higher than those recorded in the last three years.
Floods, African swine fever, tariffs war, heat waves, and some more issues... How will they affect the once-in-a-lifetime profit-palooza that many pork industry participants hoped for earlier?
We think that the price will remain where it is now. We don't exclude any rise: the “beep” of the electrocardiogram, but without a real projection.