Articles - Economy

A year unlike any other is coming to an end. Our analyst Guillem Burset takes a look and makes some forecasts for 2022.

Pig producers are entering a season of reducing costs, but sometimes this creates greater losses, as every expense is linked to a subsequent profit. Do you want to know which costs to cut?

A strike of this magnitude would sink the pig price to historic lows.

Pork production in China has recovered rapidly, as illustrated by the sharp drop in prices in the first half of 2021.

At a time when everything seems to be going against us, there remains the hope that the cost of production in China is much higher than in Spain...

Historic production figures and market performance from the main pork-producing countries in Latin America have shown consistent growth over the last decade.

Spain's production has grown 90% in 32 years, from slaughtering 29 million head of pigs in 1989 to slaughtering more than 56 million in 2021. Explosive growth no matter how you look at it.

September will show in all its harshness the precariousness of the present moment: pigs will arrive for slaughter in droves and it remains to be seen whether slaughterhouses will be willing to process those pigs whose pork they cannot sell.

Currently, the pig price in Italy is set by a Single National Commission (CUN), which began functioning on April 15, 2011.

We are so unmoored from “normal” that it makes sense to situate the current pork industry within the current macro environment.

Virtually absent pork exports to China and poor demand in the EU lead to a 17% drop in Spanish price in 7 weeks, and it will keep dropping.

How is the growing demand for greater animal welfare on farms articulated?

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.

While European prices are forecast to be lower than in the previous two years, 333 users in the Americas are forecasting higher prices. China's forecasts remain between 2019 and 2020 levels.

When thinking on your productions system, maybe your supply chain shock planning is now as critical as bio-security.

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...

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?

In an unprecedented year, how did 333 users’ predictions match up with the actual average pig price in their country? Let’s compare the results from 13 countries.

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.

It must be acknowledged that for Spanish swine industry not only has not been a bad year but it rather has been an excellent year.

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…