12.
12.16
08:58

Higher U.S. pork production 2017 – courses attract, but at a low level

USDA: U.S. pork production 2017 - ascending prices - low In its most recent monthly edition corrected Dec. 16 the U.S. Department of agriculture (USDA) the previous estimates for the U.S. pork market. First taken into account is the fact, that US pork prices in the 4th quarter of 2016 significantly below 1 €/ kg have fallen.  The not so much pork quantities in the 4th quarter are attributed to a stagnation of the weekly slaughter at 2.5 million units and the slaughter weights remaining under previous line. Low pig prices force for efficiency reasons to a less high degree of off fattening. The battle volumes compared to the respective period rise significantly for the first 3 quarters of the year 2017 . In the first half of the increase should be something. over 3% and in the III. quarter is expected with just 4.7%. But it is higher than the current prices. In the 1st quarter to €1 / kg line exceeded. This is in close accordance with the recent development, which has been a significant upward trend. For the 2nd and 3rd quarter period , expect a seasonal increase in consumption as a result of a barbecue in increasing production.  Thus, the pressure on prices is weakened. Is expected in the summer months rising pork prices, in direction of €1.21 / kg are estimated. The courses are well below the level of previous years. But the low corn and soybean prices offer a certain relief. The futures prices on the Chicago Stock Exchange already indicate a higher price level. The delivery month May-17 records equivalent to €1.45 / kg. The subsequent months will be even higher.   Given of the expected rise in the amounts of pork are the stock market optimistic estimate. In professional circles it is 2017 from gains in the U.S. pig farming for the coming year.

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