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Unfortunately, it looks like the ground hog of pork price forecasts saw a long shadow when it emerged in late February and the tiny bubble of hope that the already late-to-end seasonal lows of winter were over was put on hold.

Time will tell if PEDV is the cause but weaned pig and feeder pig prices began to turn up in June, a couple of months ahead of their traditional seasonal bottoming with the turn toward seasonal highs which peak usually in February or March.

This is done by moving from single most likely value to ranges of possible outcomes with an assigned probability

The annual pig meat production is 500,000 tons, and the amount assigned to exportation reaches a 40% of the total. The geographical characteristics of Chile provide it with unique conditions that have allowed the eradication of diseases such as PRRS.