Pig became a bad investment

By: trademagazin Date: 2009. 08. 19. 00:02

Pork became the second worst investment on the market, and even until the end of the year, it is expected to fall a further 33 percent on exchanges, compared to the current 44-45 cent price per pounds.

According to the datas of the United Nations; This year’s swine flu can decline the world’s pork trade by 11 percent, despite the fact that scientific studies have shown, that the virus does not spread with the consumption of pork.
The pig farmers are simply not prepared to keep pace with the dramatic change in demands, so there is a danger that they only produce, until they run out of money – said David Kruse, salesman of CommStock Investments – reports Napi Gazdaság, after Bloomberg.

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