Development of the profitability in the US pig - decide prices The efficiency in the pig is in more or less regular cyclical ups and downs. In the past decade, US pig farmers have gone through several waves of which were determined by sales on the one hand and on the other hand, much of the cost side of the Chuck. The highest profits by an average $60 each sold pork was generated as a result of PEDv epidemic in the year 2014. In a month were even $100 per animal exceeded. The profits of the companies were less dramatic disease-related loss rates of 7% to 15%. In the aftermath were investing financial surpluses in the fight against the plague of PEDv and the further expansion of production capacities. In the year 2015, the profit on average 10 fell $ back per pig. In the year 2016, losses at low pig prices were initially driven by rd. €1 / kg. At the height of the barbecue season, increased the price to €1.60 / kg, then but gradually fell back today to below €1 / kg. Despite fallen feed costs on already, the month Sept. 16 brought losses up to $20 per pig. The production boom in the United States is but still not been overcome. For the last quarter of 2016 it anticipates an increase of pork production by + 4%. The development should stop 2017 in the 1st quarter. The forward prices for pigs on the Chicago Stock Exchange predict no increase over €1 / kg in the April 2017. The pig in the United States is still of high go from losses. The market situation has been exacerbated by also increasing production volumes in the poultry and beef and veal sectors. In a largely saturated domestic market, the export would be a necessary relief valve, which is very difficult but in the pigmeat sector for the United States. Ausfuhrerschwerend is the strong dollar, which could be even stronger with announced U.S. interest rate increases. This prospect and others obstructed several export contracts with China. In addition need to be dispensed in a timely manner on the growth promoters Ractopamine , to deliver. Logistical problems are likely to be still the easiest to solve. An export offensive overnight is impossible so quickly. U.S. pork exports will increase 2017 is expected to only slowly and on a limited scale. From the competition point of view of the EU with an expected stagnation to slight decline which is pork production in 2017 the increasing competitive pressure from the United States remain manageable. EU pork prices will not maintain however 2016 the high level of the summer months.
