White cap Porcino: The downward pressure on prices does not relent

It remains for another week, and it is now fourteen consecutive weeks with a downward trend in the prices of fattened white-coated pigs. The supply is ample, weights continue to rise, and foreign sales are falling, so the pressure to lower prices does not ease. The supply of meat is increasing, sales to third countries are difficult, and consumption in Europe cannot absorb the amount of meat being produced, so the pressure to lower prices does not disappear, according to sources from the Ebro Market. The difficulties posed by the meat market at the European level continue to guide the quotations of fattened cattle downward. In addition to the loss of customers in foreign markets, increasing the feeling of operating with surpluses in the European markets. Faced with this situation, the downward trend has been extending since the end of July and is expected to continue. The downward pressure remains, sources from the Binéfar Market indicate, conditioned by the high supply, the ...