Page 10 of articles about pig price in Swine news

Consumers are set to benefit from downward pressure on global meat prices during 2017, according to Rabobank, the leading food and agribusiness bank.

Between January and October 2016, pig production for slaughter in the Russian farms has grown by 13.5% in terms of liveweight.

Hog prices will continue to reflect very large supplies of slaughter-ready animals. Average fourth -quarter live equivalent prices for 51-52 percent lean animals are expected to average $34 -$36 per cwt, almost 22 percent below a year ago.

Record-high stock levels are set to keep worldwide food prices low during 2017 even as inflation starts to rise in many developed economies, according to a major report from Rabobank.

Tariff or quota limits on the volume of pork traded between EU and UK could mean sharp price movements, affecting demand.

Contrary to 2015, EU pigmeat prices in 2016 seem to follow again their seasonal price increase during summer.

CME will concurrently incorporate negotiated formula purchases into the final settlement calculation methodology for all listed months of the Contract and commencing with the October 2016 contract month and beyond.

FAO's trade-weighted index-tracking international market prices for five major food commodity groups, reversed its July drop and rose in August to its highest level in 15 months.

Pigmeat production will also grow after 2016, driven by China, where herd size is expected to stabilise after years of substantial reductions (a drop of 25 million pigs between 2012 and 2015).

International food commodity prices shot up 4.2 percent in June, their steepest monthly increase of the past four years.

EU pigmeat prices went above the 2015 price level by half May and reached 150 EUR/100kg in mid - June.

From the total of 89,000 tonnes of pork that turned to private storage, last May 1st, 60,000 tonnes were released into the market.

Beijing will release 3.05 million kilograms from its frozen pork reserves onto the market to ease pork supply pressure and contain a price surge.

The value of pigmeat fell by £186 million to £1,078 million. This fall was entirely due to the lower price in 2015 compared to 2014 as volumes rose by 3.3 %.

The study allows to establish that the Russian embargo has had a catastrophic effect on the prices, especially on those of pork (-23%) and milk (-32%).

The EU price is now at a 12 year low.