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Guillem Burset predicts when the Spanish pig price will bottom out, and even dares to give us a number!

Spain's production has grown 90% in 32 years, from slaughtering 29 million head of pigs in 1989 to slaughtering more than 56 million in 2021. Explosive growth no matter how you look at it.

September will show in all its harshness the precariousness of the present moment: pigs will arrive for slaughter in droves and it remains to be seen whether slaughterhouses will be willing to process those pigs whose pork they cannot sell.

We are so unmoored from “normal” that it makes sense to situate the current pork industry within the current macro environment.

Virtually absent pork exports to China and poor demand in the EU lead to a 17% drop in Spanish price in 7 weeks, and it will keep dropping.

For the first time in 20 years, Spanish prices fell in June. We are in an extremely exceptional situation that must be corrected as soon as possible.

The pig price in Spain is the most expensive in Europe and Burset predicts that it is very close to the upper limit. China is decreasing imports, buying at cheaper prices, and therefore, is absent in the Spanish market.

Pig market: Unbridled in Spain, unsettled in Europe, and with question marks in China. Pork market: rock bottom in Europe.

The price of pork continues to rise and Burset makes a prediction for June. It all seems to be good news for producers and slaughterhouses but the processing industry is in for a storm.

It seems that the deficit in China will last all year and the flow of exports from Spain to this large Asian country will not let up...

A consequence of both developing natural disasters (spreading drought) and new government policies…

Analyst Guillem Burset reviews the current situation of the main European pig markets. Spain stands out against the current. Will it be able to hold out?

A summary of how the Argentine pig industry has grown, looking at production, imports, exports. What are projections like for the future?

IFIP with InterPIG data summarizes how production costs evolved in 19 different countries and regions.

Prices are drifting down to close out the year and if you look to the futures as a guide for next year, it is boringly normal. This happens when people have no real idea what to expect…

Pig prices in the European markets deteriorated significantly last week. The German market was the only one to hold out.