According to Rabobank, in 2015 turbulence will remain with uncertainty about the possible remergence of PEDv, the developments regarding African swine fever (ASF), the Russian ban and exchange rate developments across the globe.
In the US and Mexico, the size of recovery after PEDv will dictate local markets with recovering production and further declining prices.
EU prospects remain weak for 1Q 2015, with continuing pressured consumption. The only positive signs are the drop of the value of the euro and the resuming negotiations of Russia.
Brazil and China will experience a positive Q1. The Brazilian industry will be supported by positive domestic and export demand. In China, the declining sow herd will only be partly compensated by increasing sow productivity.
Friday January 23, 2015/ Rabobank/ The Netherlands.