In search of the new balance
Lots of things brewing out there with both supply and demand. Rarely do we get such action at the same time on both sides of the price determination.
Lots of things brewing out there with both supply and demand. Rarely do we get such action at the same time on both sides of the price determination.
How long this will last is anyone’s guess but here are a few things which combine to provide the briefest pause, for a moment of hope.
Pig333 hosted a very interesting webinar with Denis DiPietre on the 17th of june 2020. To help you find the topics most relevant to you, please see the time stamps below marking the different parts of his presentation, as well as the questions from our users.
Flexibility is paramount now. How will pork production change in the coming years?
The severity of the pig euthanasia curve will be determined by how successful producers are at slowing pig growth as well as how successful packers are at returning to full harvest efficiency.
The challenges facing the global pork chain from the multi-headed monster pandemics of African Swine Fever in swine and COVID-19 disease in humans are breathtaking.
Random shocks like the COVID-19 pandemic will severely disrupt supply chains.
First ASF, now Coronavirus, back-to-back black swan events have rocked the global economy and troubled the global meat industry. How to face the next one?
In US, even with record China sales, production overwhelms the markets, a quite different situation than in Spain, where pig prices soar while packers make handsome profits on exports without being able to raise the prices for pork going into domestic and retail sales.
The high baseline demand of China on the pork side, due to ASF, will hide how plant-based meats creep up on traditional meat product demand.
Will the process of pig herd recovery in China be fast or slow?
How ready is the global meat sector for up to 25% of their current production to be offset by plant-based products in the next five years?
Floods, African swine fever, tariffs war, heat waves, and some more issues... How will they affect the once-in-a-lifetime profit-palooza that many pork industry participants hoped for earlier?
What lessons can be drawn from the current situation in China in order to face future pork production threats beyond health issues?
"When you want to test the depths of a stream, don't use both feet"
The current situation in China has many similarities to the old-time hog cycle liquidation phase.
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