Rabobank: China’s Festival Season Drives Elevated Pork Market
GLOBAL - The global pork industry has experienced a positive Q3, according to Rabobank’s Q4 Pork Quarterly. In line with expectations, the Rabobank five-nation hog price index continued its upward trend, resulting in a peak of 162 per cent in August, just below the last peak of 165 per cent in August 2008.