Quarterly Update Q3: Keep calm and keep your head down

In his quarterly update, pig market analyst Dr John Strak talks about rising pig prices and the uncertainty that dominates the market. When I reported to you in July this year I said, “….pig prices will continue to rise this year…. but high energy and feed prices plus increased uncertainty as a result of the Russian aggression in Ukraine suggests that producers will not make a positive supply response to higher prices in 2022.” Prices are on an upward trajectory As we enter the season