High-flying pork prices alight

High-flying pork prices alight

Challenges lie ahead for pork and poultry industries.

THE global pork industry has been searching for stability during the first quarter of 2015, with strong supply growth and relatively weak demand driving the market, according to the Rabobank "Q2 Pork Quarterly" report.

Rabobank said pork prices are sharply lower as robust global supply growth — driven by the U.S., Russia and Brazil — has outpaced rather subdued demand, dragging producer profitability into negative territory.

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