Quarterly update: It’s official, global pig price cycle turns down

International pig market expert John Strak says the global pork market has now clearly entered a downward price cycle. In his most recent quarterly update, he explains why falling prices across major exporting regions look unavoidable as 2026 begins, despite a few regional exceptions. When I wrote my piece for the previous quarterly update in October I noted, “it’s too early to call it with certainty and the data are not confirmed yet, but a downturn in global pig prices now looks likely