How high can the pig price go?
Updated analysis of long-term price trends looks at what they can tell us about the current situation.
Back in April, we published the results of analysis of the factors affecting GB pig prices over the long-term. This showed that historical prices could be modelled fairly closely using factors such as exchange rates, production levels, imports and exports, global commodity prices, EU prices and the price of imported pork.
Since then, a lot has changed, with the Brexit vote meaning, in particular, that exchange rates are more volatile and likely to continue to be. Therefore, we have updated our analysis to see what the same model can tell us about the situation now.
To read what the analysis tells us about price trends and the factors influencing them, click here.
Stephen Howarth, Market Specialist Manager
Stephen.email@example.com, 024 7647 8856