Reducing killings at pork factories is a concern ahead of Christmas

Published 2020년 11월 3일

Tridge summary

The agricultural news article reports on the current market dynamics as outlined by Thames Valley Cambac, highlighting a shift towards volume over price movements. The article addresses the challenges posed by COVID-19, such as reduced kills at processing plants and partial suspensions from exporting to China, despite buoyant retail demand and strong demand from China. The weaker Euro has further impacted European price quotes, and there is a noted disconnect between weaner demand and supply. Additionally, the article provides detailed European price quotes for the week, showing variations in prices across different countries and a significant drop in Spain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The state of the market is now more about movement of volume rather than price, according to Thames Valley Cambac. Alongside the partial closure of Cranswick’s Watton site due to COVID-19, there are a growing number of reduced kills at other plants. At a time of year when we would be looking to move extra pigs, this is a real concern, TVC said in its latest market update. “The actual trade is reported as relatively buoyant with retail up and the demand from China continues to be good,” it said. However, with plants losing staff to COVID-19, some facilities are having to ‘self-suspend from exporting to China’. “Food service remains lacklustre with increasing amounts of regional lock-downs which as of later this week will become national. However there has been an increasing amount of pressure from imported supplies as the European scene worsens due to the restriction on German product not having access to China,” TVC added. European price quotes in sterling were further compromised ...
Source: PigWorld

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