Quarterly Update: The president, the tariffs and the pig price cycle

Pig market analyst John Strak wrote in February 2025 that the global pig price cycle will not maintain its current upward phase in the early part of 2025. We are now in the spring of 2025 and it seems that, for some at least, the fizz has gone out of pig prices. American and Chinese prices have behaved as I thought they would, whereas Europe’s week-to-week pig prices have been a little more resilient but are still in a downtrend. The wild card in the pack in the months ahead, of course, is