What is the price of pig in South Korea?
As a part of our intention of expanding the information on the prices in the Asian markets, you can now check the daily pig price in South Korea.
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Definition for the most commonly used pig terms
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As a part of our intention of expanding the information on the prices in the Asian markets, you can now check the daily pig price in South Korea.
Will the process of pig herd recovery in China be fast or slow?
The FAO Meat Price Index averaged 181.5 points in September, up 0.8 percent (1.4 points) from August, continuing the moderate month-on-month price increases observed since February 2019.
In August, price quotations for pigmeat strengthened further, underpinned by a strong import demand from Asia.
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?
The FAO Meat Price Index was up marginally in May as pig meat price quotations continued to rise amid strong import demand from East Asia.
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.
International price quotations of pig meat rose sharply due to a surge in import demand in Asia, primarily in China, caused by the African Swine Fever.
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.
According to "EU agricultural markets short-term outlook – Spring 2019" repport, EU production expected to stabilise in 2019, despite lower herd so far.