28.
03.20
09:26

Surprisingly high US pig stocks - price increase collapses

Inventory from March 1st-20th in the USA: 4% more pigs The US cattle count as of March 1st-20th surprised the expectations of market experts. The total pig population was 4% higher than at the same time last year. The forecasts were only 2 to 3%. The low growth of 0.4% in sow herds compared to the predictions of 0.5 to 2% was also unexpected. The population increase was particularly high at 6.5% for the fattening pigs weighing over 80 kg . This means that an increased supply can be expected from May to July. In the lower weight classes, the enlargement remains between 3 and 4%. However, the expected higher numbers of slaughter are put into perspective by lower slaughter weights due to summer. The barbecue season also ensures increasing seasonal consumption. This year, increasing Chinese exports should also provide relief. According to the investigation, the number of farrowing periods in the period from March to May.-20 be slightly declining and even drop by 1.2% in the summer months from June to Aug.-20. This contrasts with higher piglet numbers per litter , which can only partially compensate. From the data it can be deduced that the US pig market will face increasing supply in the coming weeks and months of spring . A flattening is expected in the summer months. Stagnating to slightly declining supply quantities are expected for the autumn period. The forward prices for pigs on the Chicago stock exchange fell suddenly by almost 20 ct / kg .

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