Nineteen countries ask the EU for help due to the crisis in the pig sector

Published 2021년 10월 11일

Tridge summary

Nineteen European countries have urged the Commission to activate exceptional market measures to aid growers due to a sharp drop in prices, caused by a decrease in exports to China, reduced domestic consumption because of Covid-19, and an increase in production. The pig meat industry in the EU has seen margins at their lowest in the last decade, with production rising while consumption has been affected by the pandemic. The industry is also facing high production costs due to increased feed prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Germany, Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Finland, France, Greece, Hungary, Latvia, Lithuania, Luxembourg, Malta, Poland, Romania and Slovakia called on the Commission to activate exceptional market measures to help growers. "The sharp drop in prices is mainly due to the reduction in exports to China, lower domestic consumption due to Covid-19 and an increase in production," said the European Commissioner for Agriculture, Janusz Wojciechowski, in his account on Twitter, after meeting with those responsible for Agriculture in Belgium. The document presented by the ministers in the “miscellaneous” section of the Council indicates that margins in the pig meat industry in the EU have been during the last year at their lowest level in the last decade. "Production across the EU increased, while consumption was disrupted by the impact of Covid-19 on consumption outside the home," the document states, which also notes that "exports to China have ...
Source: PEefeagro

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