Will the pig price rise in Spain? Yes, but not much
Burset forecasts a slight rise in Spain's pig price in the short term due to delayed growth that occurs every summer.
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Burset forecasts a slight rise in Spain's pig price in the short term due to delayed growth that occurs every summer.
There was a 1.8% increase in the total number of pigs slaughtered (+17,272 head), from 944,829 pigs slaughtered in the first quarter of 2023 to 962,101 head in 2024.
Overall, both imports and exports are stable compared with last year.
Russia exported a record volume of meat products in 2023. The figure is expected to increase by another 10% in 2024.
Argentina has agreed to export pork to Uruguay for the first time, opening a new market for local production.
The Ministry of Agriculture signs an agreement with the interprofessional organizations Interovic, Interporc, and Provacuno to promote the excellence and diversity of the Spanish meat sector in the international market.
New Autonomous Trade Measures will be in effect until June 5, 2025.
Spanish exports of pork products in Q1 2024 decreased by 11% compared to the same period of the previous year.
The average price per ton of imported product was 1.4% higher than the average in the first quarter of 2023.
In the first quarter, Korea surpassed Canada as the fourth-largest export destination for U.S. pork.
EU farmers will benefit from the elimination of tariffs on key EU exports such as pig meat.
FAO's market overview indicates that global pig meat production continued to grow in 2023 while trade fell sharply.
The EC has published the latest monthly trade report showing developments in imports and exports of EU agri-food products in January 2024. According to its main findings, the EU's agri-food trade exhibited positive growth.
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.
Germany and China have signed two joint statements on the lifting of trade restrictions arising from bovine spongiform encephalopathy and on the export of apples.
In its latest report "Livestock and Poultry: World Markets and Trade" released on April 11, the USDA revised its estimates for 2024, forecasting a decrease in world pork production, which would be due to lower production in China, offset by increases expected in the United States, European Union, and Brazil.