June Pig Market Trends out now
The June edition of Pig Market Trends (PMT) was published on Tuesday.
The June 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:
- Competitor meats. While pig meat consumption has held up relatively well during the economic slowdown, latest data show a 2% decline in pork purchases in the last year. In fact, falling meat consumption was evident across all red meat and poultry categories, despite higher supplies of most meats being available on the UK market. Supply levels are being driven by rising imports, with much of the extra product likely destined for use in processed products or foodservice. However, beef and lamb supplies are likely to tighten later in the year. In this article you can read more about developments in the poultry, beef and lamb sectors.
- PEDv in the US and Asia. Although the rate of new PEDv infections in the US has declined, the impact is far from over. In addition, the disease has spread to several other countries in the Americas and Asia. It is now starting to cause disruption to markets in many parts of the world and will remain a key driver of the global market for the rest of this year and beyond. This article looks at how PEDv is impacting on global pork markets.
- Retailer promotions. Shopper purchases of fresh red meat have declined over the last few years. Consumers remain price sensitive and price rises for meat have played a part in reduced purchases. Against this backdrop, promotions have become increasingly important and nearly half of fresh pork is now sold on some form of deal. This article looks at changes to the mix of promotional activity and how this is affecting the red meat market.