Vast supply lowers pork prices, says Rabobank

According to the latest Rabobank Pork Quarterly report, the global pork industry has been searching for stability during Q1 2015, with strong supply growth and relatively weak demand driving the market. Pork prices are sharply lower, as robust global supply growth (driven by the US, Russia and Brazil) has outpaced rather subdued demand, dragging producer profitability into negative territory, according to the Pork Quarterly Q2 2015. Pork industry moving towards bottom of the cycle Rabobank anima