The purchase price of live pigs decreased by 16 percent from the beginning of July to the end of August in Poland

Published 2023년 9월 11일

Tridge summary

The average purchase price of live pigs in Poland decreased by 11% compared to the previous month, but increased by 1% compared to the same week last year, according to BNP Paribas expert Magdalena Kowalewska. The first half of the year saw rising livestock prices, reaching their peak in June, but prices dropped during the holiday months. The decline in domestic demand for pork is attributed to inflationary pressure, and Poland has had a negative trade balance in pork for many years, with a trade deficit of -151.78 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

BNP Paribas expert Magdalena Kowalewska, citing data from the Ministry of Agriculture and Rural Development, the average purchase price of live pigs in Poland at the beginning of September this year. amounted to PLN 7.81/kg, i.e. by 11%. less compared to the previous month, but by 1%. more than in the same week last year. First half of this year was a period of rising livestock prices, which reached their peak in June. However, the holiday months brought price drops. From the beginning of July to the end of August, the average purchase price of livestock decreased from PLN 9.33/kg to PLN 7.81/kg, i.e. by 16%. - said Kowalewska. She noted that the situation on the domestic market largely depends on the EU market, where the supply of livestock and pork is limited. In the period from January to May this year. - the expert pointed out - on average, pork production in the EU decreased by almost 9%. She added that in the same period, production in Poland decreased by 6.5%. rdr. On the ...
Source: Farmer.pl

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