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Quarterly update: Global outlook driven by Covid-19

  • 22 Apr 12:04

Quarterly update: Global outlook driven by Covid-19 In the early part of January, the outlook for the global pig industry was positive. The New Year forecast by market price expert Dr John Strak then was that pig farmers would share in good fortune in 2020 – but that was before Covid-19. The global outlook is very different now and it is time for a reboot. To be clear, Asia’s demand for pigmeat because ofASFhas not dramatically changed. However, there have been significant changes in one major pork exporting and consuming economy: the United States. This affects the global picture. I do not need to restate all the statistics that relate to Covid-19 here since it is obvious that the ‘lockdown’. Read more...