Much in the summer will depend on the opening of the increased market capacity (as two major new plants swing open) and the industry reacts to it.
Swine markets commentaries
The prices rise in all Europe. In the last market session in March the German price has only grown by €0.07/kg carcass weight, and this conveys firmness and security all over the place.
There is a fear that President Trump’s public face to Mexico and China may result in lower export sales for the coming year.
Since late January until today, the price at Mercolleida has regained €0.066. We could say that the Spanish price is riding a powerful diesel engine that is propelling it upwards inexorably.
The current mindset is to create, lean, bi-lateral trade agreements that focus on a win-win for the broadest group of constituents in each country.
Always well-informed economic operators think that the average price in 2017 will not be lower than €1.20/kg, which would not be bad at all.
2017 is setting up to be a very surprising and interesting time in the global pork industry. Everywhere around the globe where pork production is at a comparative advantage, expansion is taking place. In the US, President-elect Trump brings a completely new model of leadership…