date:May 15, 2012
which reflects the declining pork prices in China.
Remarkably, exports from the European Union continued to perform strongly with an increase of 17% in January-February 2012 compared with January-February 2011 and just a slight decline (-1.5%) compared with November-December 2011, but here also some pressure can be expected in the coming months,the report said.
Rabobank also pointed out trade disruption affecting the global industry, such as the Russian ban on Brazilian pork that led to lower