15 November 1999
What price benchmark can pig men use now?
NOW the MLC are refusing to issue pig price forecasts, what benchmark will
pig farmers use in their own forecasts in future? (MLC to scrap pig price forecasting, FWi, 05 November, 1999)
Perhaps the pig industry didnt want the MLC to drop its forecasts – just
make them more accurate.
It has been disappointing that the MLC wasnt able to forecast the AAPP
more accurately than it did.
Perhaps it is an admission that the AAPP no
longer reflects economic factors because of the small number of pig sales
(weekly) which set it. In which case, it is high time the industry
abandoned it and moved on.
Giles Penn, Leeds