Pigs: A busier end of the month in Europe

Published 2022년 8월 29일

Tridge summary

High temperatures, farm shutdowns, and health issues have led to a decrease in the European pig herd, resulting in a low supply and a significant increase in producer prices in northern Europe. Despite inflation, pork remains one of the most competitive animal proteins. The price of pork in Germany, Austria, Belgium, Denmark, Spain, Italy, the United States, and China has risen due to low supply and steady demand. In China, the price of pork has exceeded 2 euros for the first time in two decades. Despite the seasonal resumption of production, slaughterhouses are not facing an oversupply and must meet traditional needs for the start of the new school year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This end of August is characterized everywhere in Europe by increasing needs with the end of holidays and the resumption of the processing sector. This return to school comes in a context of low supply compared to previous years. The very high temperatures encountered this summer, farm shutdowns and health problems have had a considerable impact on the European pig herd in recent months. And even if there is a seasonal recovery in production, as seen every year at the end of August, available supplies will remain low. This supply/demand imbalance is everywhere reflected in increases in producer prices. In northern Europe, in particular, prices have rebounded sharply for 3 consecutive weeks due to this strong shortage of pigs. On the meat markets, these increases in the price of pork are struggling to be passed on to the price of pieces. However, despite significant inflation, pork is still one of the most competitive animal proteins. In Germany, the price jumped by 20 cents in 3 ...
Source: Pleinchamp

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