date:May 08, 2014
global pork supplies is currently being eased by the supply glut in China, the worlds largest producer and consumer of pork. Rabobank believes that Chinese pork prices will continue to fall in Q2 and into Q3 2014, more than a year after the price decline began.
Sow liquidation, which commenced in April, will drive prices lower this summer as supply and demand rebalance. Looking to the back half of the year, the continued sow liquidation should help Chinese pork prices recover by the end of Q3