After sharp declines first mounting trends of pig prices in leading exporting countries visible - new risks by volatile exchange rates The pig prices have fallen not just in the EU. In the price decline United States long and violent occurred. US prices were recorded in the early summer months at just under 1, 60 €/ kg and now are less than €0.90 / kg. The massive setback is due to a rising pork production. US battle figures have grown so sharply that the slaughter-houses on their capacity limits push. As slaughter weights normally increase in the 4th quarter, the volume of meat is disproportionately high. The high dollar prevents that discharged large quantities of pork in export. Canadian pork prices follow the U.S. values usually close on the foot. However, the stable can dollar has the decline to about €1 / kg cushioned . Canadian exporters are speculating on rising sales in the direction of China because the growth of Ractopamine is not widely used. Brazilian pork prices have been withdrawn from 1.60 to €1.30 / kg. The strong Brazilian currency has helped. There are pork prices at a relatively high level for Brazil. Usually, this South American country has always the final Lantern. The demand from China has also helped to raise the level of the Spa. The pig price boom in China with courses in the summer months up to €3.80 / kg has steadily down to now 3 €/ kg back focused. Increasing domestic production, increasing imports and price factors dampened demand for pork have left their effect. For the further development of pig prices , Exchange rates play an important role. The U.S. dollar has become more expensive leads to a price increase in the export to rd. 5 ct per €. , However, the Brazilian currency has lost purchasing power, according to the courses have yielded significantly. For the EU, the weaker euro is a gradual competitive advantage in the export business. The attractive dollar exchange rate is associated with rising interest rate expectations in the United States. The announcements of the newly elected US President to more restrictive trade conditions in the Mexico and China/Hong Kong business cause additional risks in the later in the new year. The future third-country business is harder to assess.
