Of contracting pork prices and industry recovery….

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Global pork prices have contracted sharply – a good indication that industry recovery has outpaced demand. Producers, however, are not happy with the decline because their input costs continue to rise with the need for higher levels of biosecurity and feed costs, to keep herds safe and well nourished.

With growing labor constraints across Southeast Asia in particular, the need for automation is strong. This added cost will pressure production margins further and could also slow herd growth and induce further consolidation.

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