Ukraine: Price peaks and a broken seasonal model

Published 2023년 1월 6일

Tridge summary

In 2022, live weight pork prices in Ukraine reached record highs, ranging from UAH 42 to 76.4/kg, according to Oleksandra Bondarska, head of the analytical department of the "Swinemakers of Ukraine" association. The usual seasonal pattern was disrupted due to a significant decrease in pork supply, leading to changes in the supply and causing the pork market to behave unusually. Despite fluctuations, prices for pig carcasses increased slightly to almost $2/kg compared to 2020 and 2021, until the National Bank of Ukraine (NBU) revised the exchange rate. However, purchase prices for slaughter pigs in the first week of 2023 remained the same.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2022, live weight pork prices reached completely new limits. Weighted average prices ranged from UAH 42 to 76.4/kg. This was emphasized by Oleksandra Bondarska, head of the analytical department of the "Swinemakers of Ukraine" association. Last year, the seasonal pattern was also broken due to a significant loss of pork supply. "A number of operators at the beginning of the year were forced to make certain changes in their production plans, and in six months this affected the supply and changed the course of events on the pork market, in particular the price curve," said Oleksandra Bondarska. - From the 37th-38th week, it should have moved down, instead peak levels were observed. And in the 45th-46th week, there should be positive price dynamics on the meat market in the process of preparing for the winter holidays. But in the end, the situation turned out to be completely atypical, as compared to previous years." As a result of price fluctuations, prices for pig carcasses also ...
Source: Agrotimes

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