# A light at the end of the tunnel: a ray of hope

> Spanish pig prices are the EU's highest apart from France and Italy, despite African swine fever (ASF) and an oversupplied global pork market. In Germany, Denmark and Belgium prices have been below cost for months. Expected herd reductions in Central Europe could open room for Spanish pork.

- Date: 2026-11-02 · published 2026-11-03T19:41:55.932Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/78367-a-light-at-the-end-of-the-tunnel-a-ray-of-hope
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Oversupplied global pork and feed costs rising, especially soybeans, squeeze producer margins; a Central European herd cut could support Spanish demand and prices, though live hog prices are trending lower and below production cost.

## Read by commodity

- SBM: bullish ▲
- HOGS: bearish ▼

## Sources

- 3tres3.com: https://www.3tres3.com/es-ar/articulos/una-luz-al-final-del-tunel-un-rayo-de-esperanza_18144/

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