Pig prices – lessons from history
What can historical trends tell us about the current level of pig prices?
GB pig prices have recently dropped to their lowest level in over six years. However, before that time, prices had rarely reached the current level. Among the factors which are influencing price levels are the exchange rate between the pound and euro and the level of retail demand relative to supply levels. History tells us that the current combination of a weak euro and retail demand running below supply goes a long way to explaining why pig prices are low.
Analysis of historical trends, looking at how these factors influence pig prices, can be found by clicking here.