What's happening with pork returns | POLL

What's happening with pork returns | POLL


Pork returns show positive signals.


It has been a difficult few years for Australian pork producers, with a glut of overseas imports putting pressure on the local product, while high inputs, such as grain, have squeezed margins.

But there are some positive signs.

While prices do normally climb in the lead up to Christmas, this has been bolstered by changes in the global market after large numbers of the international pig population were lost to African swine fever.

Australian Pork Limited marketing general manager Peter Haydon said as the pork industry entered its traditionally high demand period, prices should be $3.60 a kilogram to $3.90/kg.

"Prices are creeping up and we expect that to continue into the new year," he said.

But there has been some caution in the past week, with concerns about the impact of COVID-related shut downs in SA and their impact on the restaurant sector.

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