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The global pork industry had a generally good 2013 with the Rabobank five-nation finished hog price index averaging 151, an increase of 10% on 2012 and the highest level in the last five years. According to the Rabobank Pork Quarterly Q1 report, the price outlook for the global pork market for the remainder of Q1 and into Q2 2014 is steady. In combination with lower feed costs this will be positive for farmers’ margins, despite the unknown impact of porcine epidemic diarrhoea virus (PEDv) in the US, Canadian and Mexican markets.
