Agri-Business
Despite a fall in household spending on pork and cured pig meat products, British prime pig producer prices were running 3.5% above 2018 levels at the end of August.
Pig/Poultry
Pork prices will be under pressure due to an abundant supply and looming slaughter capacity constraints in the US, according to Rabobank.
Continuing demand from China and stalling supplies will continue to support global pork prices for the third quarter.
The global pork market will continue its slow recovery in the fourth quarter of 2015, according to Rabobank's Global Pork Quarterly.
EU pork prices dropped in the second quarter (Q2) of 2015, with limited exchange rate movements a factor in the decrease, according to Rabobank.
