December Pig Market Trends out now
The December edition of Pig Market Trends (PMT) is out now. As well as the usual summary of developments in the UK and EU pig markets and the global feed market over the last month, this month’s issue includes more detailed articles on consumer confidence, costs of production, emerging markets and the Spanish pig market.
The December edition of Pig Market Trends (PMT) was published just before Christmas. As well as the usual summary of developments in the UK and EU pig markets and the global feed market over the last month, this month’s issue includes more detailed articles on:
- Consumer confidence. The UK economy is picking up speed, with GDP growth, low inflation, and falling unemployment, while earnings are now rising again in real terms. So, will this favourable news lead to a rise in retail sales? Find answers to this question and further analysis of consumer confidence and its impact on grocery sales in this article.
- Cost of production. The estimated average cost of pig production during the third quarter was the lowest since 2010 and average producer margins remained positive. However, since then pig prices have continued to fall while feed prices have started to rise again, so many producers are likely to be close to their break-even point. This article provides further analysis of the latest cost of production estimates.
- Emerging markets. Russia’s ban on EU pork imports has had a major impact on the pig market but EU exports have held up relatively well. Much of the excess pork was diverted to established Asian markets but most of the rest found markets elsewhere. In this article you can read analysis of these emerging markets and how sustainable they may be.
- Spain. The June census suggests some optimism in the Spanish pig industry, due to good producer margins in the first half of the year. However, since the summer, prices have fallen to their lowest point in four years. In this article you can read our analysis of the Spanish pig market in more detail.