Strong prices for pork are set to dip as summer approaches, report says

Strong global prices being paid for pork are likely to dip in late spring and early summer, according to the latest Rabobank analysis.

While global pork prices started the year at historically strong levels, Rabobank anticipates some weakness in prices late in the first quarter and into the second due to pressures on production and limited growth in global consumption levels.

The bank’s agri-analysis unit notes that 2013 pork prices will be impacted by swing factors including how much European production will decline due to sow pen regulations, China’s appetite for imports, and whether US production will continue to expand, despite the spike in feed costs.