Today Ukraine faces a crisis, the consequences of which cannot be fully predicted, but it is obvious that it will affect all economic processes and citizens’ social status. Food production is also undergoing structural changes: consumer behaviour changes, buyers become more price-sensitive, and some distribution channels, such as markets or HoReCa, are cut off or narrowed down for an undefined period. This was reported by the press service of the Association of the Meat Industry.
According to a AMI* survey, hog prices continue to go downhill. Thus, average live price during the current 21 week amounted to 39.85 UAH/kg, which is almost 10% less than the last week. According to the APPU* , the average live price was 40.60 UAH/kg. Ukrainian processors predict the live price for 21 week will vary from 37,50-40,00 UAH/kg
Ukrainian hog prices have come closer to world market prices in recent weeks, where in turn the global market is showing a rising trend. In fact, looking closer to graphic, we can see that perhaps, in the near future we will be able to observe the "historical" parity between ukrainian and world prices in the hog market.