Results of the 333 poll on the average pig price in 2020: Many countries have great expectations
Making predictions is never easy, but making future projections in these times of COVID-19 proves difficult for even the best analysts.
Making predictions is never easy, but making future projections in these times of COVID-19 proves difficult for even the best analysts.
It seems that we have already hit the price bottom, although no one is ruling out the possibility of COVID-19 infections reappearing. We will worry in due time, not now, about what may happen when China regains its self-sufficiency.
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.
It is not the strongest, the fastest, or the smartest who survive, but those who are best able to adapt to change.
A 10% cumulative drop in the price of pork in Spain seems mild, very mild indeed for what is to come. Hold on tight, there are curves coming...
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.
Pork prices are declining due to lower demand from slaughterhouses affected by labor shortages and problems in foreign market access.
The price of pork in Spain is well above that of Europe. With a weekly slaughter of 1,000,000 head, how will coronavirus affect slaughterhouse workers or reduce purchasing from the hotel and catering industry?
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Sign upAlready a member?Random shocks like the COVID-19 pandemic will severely disrupt supply chains.
In May 2019 we asked the users of 333 what they expected the maximum price to be in their country. Let's see who was right...
Restoring normalcy in China is the key factor in the current world market for pork. That's just how things stand.
We believe that the price of pork in Spain won't drop until after summer.
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.
As we close an exceptional year in the pork industry, Spanish's analyst Guillem Burset analyzes the current situation and clues us in to how next year may be.
Overwhelming euphoria should not blind us or cloud our senses: What will happen when China returns to self-sufficiency?
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?
With the emergence of artificial, "lab-grown" meat, What does the future hold for livestock farming? will livestock farming disappear all-together?
Production reaps an ample harvest of profits while processing continues to accumulate losses. China imports more and more...
The pig price in China has grown by 27.5% in 4 weeks from an already record price.
China has been buying great volumes of pork cuts in all Europe for a few weeks. The pig price in China has shown a spectacular rise.
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?
It is obvious that the current situation cannot last much, and that a correction will be needed soon: or our European competitors increase their prices or we reduce them.
Welcome to 333
Connect, share, and interact with the largest community of professionals in the swine industry.
Celebrating 158013Users on 333!
Sign upAlready a member?A grand majority of countries expect maximum prices much higher than those recorded in the last three 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?
We think that the price will remain where it is now. We don't exclude any rise: the “beep” of the electrocardiogram, but without a real projection.
A hard Brexit would mean a fall of EU pork exports to the UK of 48%, a fall on pig prices of 7% and a total of 33,000 job losses in the European meat industry.
China is still buying, but with a great moderation. Either way, the pig price in Spain will still grow. In late May 2019 it exceeds €1.41, and summer has not started yet.
What lessons can be drawn from the current situation in China in order to face future pork production threats beyond health issues?
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.