German pig price on the rise

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German pig prices have been increasing significantly since May, following two years of declining prices.

The deflationary effect on the German pig price has been well documented, with the impact of the Russian import ban, subdued consumer demand across Europe and increasing production all being contributory factors. However, the price now seems to have turned a corner, with strong Asian export demand and tightening supplies supporting this, and current signs are that it may continue to increase through the second half of the year.

To read more about the factors affecting the rising German price, click here