- news, features, articles and disease information for the swine industry


Global Pork Prices Starting to Pick Up

22 August 2016

British Pig Executive

GLOBAL - Having reached their lowest point for many years earlier in 2016, global pork export prices have started to pick up more recently.

Although not perfect, export prices give a good indication of how farmgate prices will have developed on a global basis.

Having started the year at a fraction over US$2.30 per kg, the average value of pork traded from the four major global exporters (EU, US, Canada and Brazil) reached $2.52 in June. This was the highest level since last October but was still 12 cents below June 2015.

Some tightening of supplies has been seen across the major exporting countries, contributing to the rise in prices, although this is not reflected in the amount of pork traded, which has been at record levels during the last three months.

So far this year, 2.77 million tonnes of pork has been shipped by the four exporters, 29 per cent more than in the first half of 2015.

More recent reports show that, as in the EU, prices in the US, Canada and Brazil had all moved above year earlier levels by July. North American prices reached their highest level since the end of the PEDv price peak in 2014, although they have eased back in the last few weeks as supplies are reported to have increased.

ThePigSite News Desk Read more BPEX News here

Top image via Shutterstock

Share This

News By

Related News

Pork producers support USMCA

News from United States  19 November 2018

More News

China reports new ASF cases

News from China   19 November 2018

Our Sponsors


Seasonal Picks

Animal Welfare Science, Husbandry and Ethics: The Evolving Story of Our Relationship with Farm Animals