date:May 08, 2014
is expected to continue, driven by high sow liquidation.
PEDv has been the driving force pushing up pork prices, especially in the US, to record highs, said Rabobank analyst Albert Vernooij. US futures climbed 30 per cent in Q1 and are up 45 per cent over last year, impacting pork users and consumers ability to source enough pork for their needs.
Rabobank believes the outbreak of PEDv in the US, Mexico, Japan and South Korea will lead to a likely decline in global pork production in 2014 (aga