North-American Influenza - German pig prices fall 3.5 pct on swine flu fears
http://www.guardian.co.uk/business/feedarticle/8476011
28-Apr-2009 (17 years 1 months 11 days ago)German pig futures prices fell by around 3.5 percent on Monday because of fears that bad publicity about swine fever will cut pork consumption, traders said.
Pigs for June delivery on the RMX futures exchange in Hanover were down 5.5 cents at 1.50 euros per kg at 1115 gmt.
"The swine flu reports knocked the prices down but the fall was relatively moderate," one German pig futures trader said. "However, there is a great deal of fear in the market today."
Pigs for June delivery on the RMX futures exchange in Hanover were down 5.5 cents at 1.50 euros per kg at 1115 gmt.
"The swine flu reports knocked the prices down but the fall was relatively moderate," one German pig futures trader said. "However, there is a great deal of fear in the market today."