# Turn the Corner? - Pig World

> German pig producer prices rose another 5 euro cents to 1.96 EUR per kg, well above a year earlier, while UK spot bacon prices held steady at 160-164p. Chinese demand has fallen due to the coronavirus, and UK demand for red meat is also weakening, while UK feed wheat and barley prices were steady.

- Date: 2020-02-22 · published 2020-02-22T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/54567-turn-the-corner-pig-world
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Firm European pig prices support hog margins, but weaker Chinese and UK demand limits upside, leaving feed grain prices little changed in the near term.

## Read by commodity

- HOGS: neutral
- WHEAT: neutral
- BARLEY: neutral

## Sources

- pig-world.co.uk: https://www.pig-world.co.uk/comment/turn-the-corner.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
