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Quarterly Update: Global pig cycle signals an upturn
Pig market analyst Dr John Strak wrote his last column in January. In it, he presented a somewhat gloomy picture. He wrote (optimistically) that, “….one silver lining (is that) continuing supply cutbacks will lead, eventually (and usually), to higher prices paid for the product.” However, his short-term forecast was very pessimistic, “I am not expecting a turning point in the pig price cycle before the mid-year (2024).” This latter prediction has turned out to be inaccurate.
