Quarterly Update: One puzzle after another in the global pig market

In his quarterly update, pig market analyst Dr John Strak highlights the puzzles that are thrown up by the data in the global market for pork and pig meat. It is no wonder that producers and processors are confused. My last column was written in January 2023 – the start of a new year. I observed then, “There is a real possibility that profit margins will improve for producers – even if pig prices are falling.” But I also noted that, “It is possible that the global price will enter a