By FW Staff
LATEST pig census information from the USA shows a much larger than expected expansion in pig numbers of 5.7% for the year to June 1998, to 61.6 million head.
Most of the increase is in fattening pigs, since sow numbers have only increased 1%, says the MLC.
Slaughter supplies are likely to increase 4-7% in the next year, according to USDA. With Russian demand down, there is real concern that exports will be diverted to markets taken by EU countries.
“The US has a 20-30% price advantage over us,” says independent consultant Peter Crichton. “That could shut doors for EU producers.”
- US pig producers take on Denmark, FWi, 9 September, 1998
- Russian crisis hits US pig business, FWi Markets, 4 September, 1998