Brett Stuart - Global AgriTrends, helps clarify the global pork market trends, from the Swine Forecast 2011 webinar, December 1, 2010.
Brett's watch list: The Great Russian Experiment : Continued delistings?; The Great China Experiment: Pork self-sufficiency and industrialization plan; U.S. economy remains weak – likely prolonged; Mexico trucking dispute – carousel retaliation now on pork; and High Grain PAIN!
Dr. Roger Campbell, Pork Cooperative Research Center (CRC), share an international perspective on the the future of the pork industries, from the Swine Forecast 2011 webinar, December 1, 2010.
Continue to enhance efficiency of production and actively address likelihood of increasing and volatile feed costs; Exploit growing global demand for pork and cost advantages – more exports and better understanding global customer demands; Be aware of growing welfare and environmental concerns – they are likely to affect all countries directly and indirectly.
Feed grain producers across the nation should increase the financial strength of their operators over the next five years, helped by strong commodity prices. Farms that have been in marginal or poor financial position in the last several years because of lower grain prices should recover and climb into stronger financial positions.