End of cascading declines?
Spain has had three consecutive months of declines, which have resulted in a 14% decrease. Despite this, Spain continues to lead pig prices in the EU. The question is how far these decreases will continue.
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Spain has had three consecutive months of declines, which have resulted in a 14% decrease. Despite this, Spain continues to lead pig prices in the EU. The question is how far these decreases will continue.
September is ending, leaving behind a trail of staggered decreases in the pig price in Spain. This is nothing new; many years tend to be like this.
On December 30, 2024, soybeans will be added to the products covered by the new European regulation against deforestation, creating uncertainty in commodity trade.
We have embarked on the path of decreases in the price of pigs. The drop in the price of pork is causing and will cause this sharp decline.
With a seemingly firm pig price and a rather depressed pork market, we get the feeling July will be complicated.
Burset forecasts a slight rise in Spain's pig price in the short term due to delayed growth that occurs every summer.
The Spanish hog price has stayed the same for five consecutive market sessions. The month of May will likely define the heights that our price can reach.
We will see if the spring market begins at Easter, as is tradition, or if it is delayed due to these dates falling too early.
Pig prices are rising briskly and steadily. Will the market be a carbon copy of last year? Guillem Burset doesn't think so. He thinks we won't reach 2.025 €/kg live…
The European Union will continue to be a "privileged island in world pig prices."
European, Brazilian, and American pork exporters compete not only for China but also for Japan and Korea.
After months and months, the Spanish price has dropped to be in line with those of its community partners; the cause has been the difficulty in exporting to Third Countries, although the reduced slaughter in Central Europe has been a lifesaver.
Guillem Burset gives us the keys to understanding the current European pork trade situation. He also forecasts when the price will stop falling.
Strong growth in production and thus exports is followed by an unstoppable concentration. ASF, a threat.
Entering the European common market and the subsequent eradication of ASF was a turning point for pig production in Spain.
After four months of being at the limit, the price is gliding down - seemingly without panic - in search of a bottom.