France: Situation report of pork and cutting parts market from IFIP's Economics Department for June 2021

The article provides an overview of the current state of the pork and cutting parts markets in France and across Europe, with a focus on price trends. In France, there has been a notable increase in pork market prices, driven by seasonal low supply and recovering demand, with some parts approaching prices from 2020. However, purchase price indices were lower than the previous year for most cuttings. The market in Spain leads other European markets with the most significant price increases, driven by a record producer price benchmark of € 1.87 / kg. In contrast, Germany's market has seen a decline in prices, remaining significantly below the levels of 2020. The article also touches on the situation in the United States and China, where prices are reaching record highs and lows, respectively, and in Brazil, where the market has stabilized but is still facing challenges due to the COVID-19 crisis. Additionally, the article discusses the decline in ex-factory prices of cold meats in France and the strong recovery in Asian demand, which is expected to support the pork market as it enters the summer months.