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North-American Influenza - German pig prices fall 3.5 pct on swine flu fears

German pig futures prices fell by around 3.5 percent on Monday because of fears that bad publicity about swine fever will cut pork consumption, traders said.
28 April 2009
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German pig futures prices fell by around 3.5 percent on Monday because of fears that bad publicity about swine fever will cut pork consumption, traders said.

Pigs for June delivery on the RMX futures exchange in Hanover were down 5.5 cents at 1.50 euros per kg at 1115 gmt.

"The swine flu reports knocked the prices down but the fall was relatively moderate," one German pig futures trader said. "However, there is a great deal of fear in the market today."

http://www.guardian.co.uk/business/feedarticle/8476011

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