July Pig Market Trends out now
The July edition of Pig Market Trends (PMT) was published on Tuesday. 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 the outlook for UK supplies, Northern Ireland, EU pig meat consumption, EU production costs and online meat sales.
The July edition of Pig Market Trends (PMT) was published on Tuesday. 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:
- Outlook for UK supplies. Latest AHDB/BPEX forecasts for UK pig meat supplies point to an increase in availability in the coming months, both from domestic and imported pork. This article looks at the implications of the forecasts for the UK pig market.
- Northern Ireland. The number of pigs on farm in Northern Ireland in 2013 reached its highest level since 1999, around 10% of the UK herd. With imported pigs added, 16% of UK production came from NI, with around two-thirds of output exported. This article looks at developments in the industry and their impact on the GB market.
- EU pig meat consumption. Demand for meat in the EU has slowed since the economic downturn in 2008 but, compared to beef and lamb, pork has performed relatively well. This article looks at data from key countries for early 2014 and what the improving economic outlook could mean for consumption levels.
- EU production costs. Recent falls in feed prices will have been welcome to pig farmers, particularly those across the EU, where subdued pig prices mean that margins have remained tight. This article looks at latest figures on producer margins and what they might mean for future production.
- Online meat sales. Online grocery sales will more than double in the next five years, according to IGD, but nearly half of online grocery shoppers say they prefer to buy fresh foods, such as meat, in-store rather than buying online. This article looks at what this means for the red meat industry.