Live pigs market: coming close to the consensus?

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The fall continues in the domestic porcine market. Producers expect the price range from 31 UAH to 32.5 UAH on week 38. That’s why this week the price spectrum has narro...

The fall continues in the domestic porcine market. Producers expect the price range from 31 UAH to 32.5 UAH on week 38. That’s why this week the price spectrum has narrowed because of the lowering the upper bound for 0.5 UAH. In fact the average price in the past week among the households of APBU made 32.55 UAH (-3.5% comparing week 36).

Negotiation between producers and purchasing agents edge the consensus. Low prices on feed market serve as a support for the first ones, and the other inch their way into the intended price level. Thus in context of permanence of other factors the stabilization can be expected.

Expected price range on live pigs of the first category, week 38

Source: Analytical Department of Association of Pig Producers of Ukraine

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