Articles - Economy

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?

Random shocks like the COVID-19 pandemic will severely disrupt supply chains.

Restoring normalcy in China is the key factor in the current world market for pork. That's just how things stand.

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...

We believe that the price of pork in Spain won't drop until after summer.

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?

With the emergence of artificial, "lab-grown" meat, What does the future hold for livestock farming? will livestock farming disappear all-together?

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.

Production reaps an ample harvest of profits while processing continues to accumulate losses. China imports more and more...

Will the process of pig herd recovery in China be fast or slow?

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.

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.

"When you want to test the depths of a stream, don't use both feet"

The rise in pork price is being so intense and important that the processing sector will have to make a superhuman effort and transfer the rises in price to the final product as soon as possible.