Quarterly update: Global pork market is in a phoney war

The outbreak of war in Ukraine has been unforeseen, yet its impact is likely to be felt in the pig industry all around the world. In his quarterly update, pig market analyst Dr John Strak observes a trend towards higher pig prices, but also higher costs. I ended my last piece for this column in January with the words, “The data, in my view, are positive for pig prices but there are external variables that we cannot measure or predict that can swing the market one way or the other.” Well,