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.
In this recorded webinar, Spanish analyst Guillem Burset talks about pork consumer trends based on a questionnaire he sent to 200 directors of meat plants, processors, industries, and other significant operators.
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...
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).
Lots of things brewing out there with both supply and demand. Rarely do we get such action at the same time on both sides of the price determination.
U.S. meatpackers have been extremely aggressive in identifying and adopting best practices to limit the transmission of SARS-CoV2 within their workforces.
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...
The severity of the pig euthanasia curve will be determined by how successful producers are at slowing pig growth as well as how successful packers are at returning to full harvest efficiency.
The challenges facing the global pork chain from the multi-headed monster pandemics of African Swine Fever in swine and COVID-19 disease in humans are breathtaking.
The price of pork in Spain is well above that of Europe. With a weekly slaughter of 1,000,000 head, how will coronavirus affect slaughterhouse workers or reduce purchasing from the hotel and catering industry?
We believe that the price of pork in Spain won't drop until after summer.
As we close an exceptional year in the pork industry, Spanish's analyst Guillem Burset analyzes the current situation and clues us in to how next year may be.