Boehringer Ingelheim Vetmedica, Inc. (BIVI) hosted swine industry leaders for a discussion on how to maximize competitive advantage in today’s global market during the 2016 World Pork Expo in Des Moines, Iowa. The speakers’ messages all aligned with BIVI’s “Start Healthy. End Strong.” campaign, a platform that focuses on preparing young stock for success before health issues arise.
Brett Stuart, founding partner of Global AgriTrends, which provides global agricultural analysis and forecasting to clients around the world, discussed opportunities for producers in a global marketplace.
“U.S. pork is a global product and maybe we don’t always think of it that way. But we are exporting over 20% of our production. We are influenced by these global markets. In our current status, we have a pretty weak global economy. We also have a strengthening dollar, which makes it hard for us to export. We have had some challenges on the global front for the U.S. pork sector.”
But Brett stressed that demand is good. He said that in-spite of all this, the opportunities are noteworthy. From the U.S. standpoint, we are the most competitive producers of agriculture and that is a great spot to be in. “As we go through this commodity deflation, it feels negative and heavy but there are some bright spots on the horizon as we go forward.”
Listen to my complete interview with Brett to learn more about China’s red hot market, the bullish things the U.S. pork market has to look forward to and a glimpse into hog futures. Interview with Brett Stuart, Global AgriTrends
View and download photos from the event here:2016 World Pork Expo Photo Album