The party's over: Plummeting declines announced
For the first time in 20 years, Spanish prices fell in June. We are in an extremely exceptional situation that must be corrected as soon as possible.
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For the first time in 20 years, Spanish prices fell in June. We are in an extremely exceptional situation that must be corrected as soon as possible.
The pig price in Spain is the most expensive in Europe and Burset predicts that it is very close to the upper limit. China is decreasing imports, buying at cheaper prices, and therefore, is absent in the Spanish market.
Pig market: Unbridled in Spain, unsettled in Europe, and with question marks in China. Pork market: rock bottom in Europe.
The price of pork continues to rise and Burset makes a prediction for June. It all seems to be good news for producers and slaughterhouses but the processing industry is in for a storm.
It seems that the deficit in China will last all year and the flow of exports from Spain to this large Asian country will not let up...
A consequence of both developing natural disasters (spreading drought) and new government policies…
Analyst Guillem Burset reviews the current situation of the main European pig markets. Spain stands out against the current. Will it be able to hold out?
A summary of how the Argentine pig industry has grown, looking at production, imports, exports. What are projections like for the future?
IFIP with InterPIG data summarizes how production costs evolved in 19 different countries and regions.
Prices are drifting down to close out the year and if you look to the futures as a guide for next year, it is boringly normal. This happens when people have no real idea what to expect…
Pig prices in the European markets deteriorated significantly last week. The German market was the only one to hold out.
The price of pork in Spain is the highest in Europe, both currently and in terms of the average so far this year (although the downward trend observed is irreversible in the short-term and will continue).
Spanish producers should make it a priority to be more efficient and should realize that growth cannot continue indefinitely.
In less than 48 hours German exports halted, so every week about 9,000 extra tonnes of pork need to be sold within the EU.
Although the price of pork in Germany remains frozen, in Spain it continues to rise and is already three times higher than the United States...
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.