Huge supplies, increasing production and an efficient, coordinated global chain fuels low cost soybean meal, cheap feed and high profits.
articles about market pricesTags
The threat of ASF in Germany causes that nobody wants to keep greats stocks because of the risk that they become ‘unsaleable’. This attitude of selling at all costs has caused a collapse of meat prices in Europe.
Our prices will still fall, with slight drops, but it will fall, until reaching a point in which all the pigs that can be slaughtered will be slaughtered. The bottom price cannot be very far away…