According to Rabobank, several key emerging regions appear to be recovering after the productivity challenges of 2022 and 2023. Although disease risk remains a problem in some regions, the overall health of the herd has improved. In a statement, Rabobank stated. that a renewed focus on cost reduction – given inflationary pressures resulting in the elimination of less productive operations – is also contributing to increased production per sow. While this improvement is a welcome trend and reduces costs, the additional production exacerbates regional oversupply and impacts the market.”
Several regions on the verge of collapse According to Rabobank , several key emerging regions appear to be recovering after the productivity challenges of 2022 and 2023. Although disease risk remains a problem in some regions, the overall health of the herd has improved. In a statement, Rabobank stated. that a renewed focus on cost reduction – given inflationary pressures resulting in the elimination of less productive operations – is also contributing to increased production per sow. While this improvement is a welcome trend and reduces costs, the additional production exacerbates regional oversupply and impacts the market.” At the same time, breeding herd reduction is slow in most countries outside Europe and South Korea, despite continued pressure on margins and limited optimism about a rapid improvement in global trade. Feed prices are rising, consumption is growing slower Corn and soybean prices fell in the third quarter of 2023 after a good harvest in North America helped ...
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