International price quotations of pig meat rose sharply due to a surge in import demand in Asia, primarily in China, caused by the African Swine Fever.
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The price of pork in Spain has risen 32% in twelve weeks. Increase in demand from China and the opening of a new slaughterhouse suggest further rises.
According to "EU agricultural markets short-term outlook – Spring 2019" repport, EU production expected to stabilise in 2019, despite lower herd so far.
In March, price quotations for pig received some support from a surge in import demand, especially from China.
The current situation in China has many similarities to the old-time hog cycle liquidation phase.
Guillem Burset foresees a very profitable 2019, but not for all the actors in the Spanish pig sector.