France: Pork prices below production costs

Published 2021년 9월 1일

Tridge summary

Pork prices in Europe, especially in France and the Netherlands, surged to € 1.72 / carcass until the end of June 2021, before falling due to a 25.6% decrease in pork exports to China. This increase in availability led to a drop in prices, affecting Spain and the Netherlands more than France and Denmark. The Breton pork market price remained stable from July, while breeders estimate a loss of 20 euros per pig due to falling pork prices and rising cereal and protein prices since mid-June. The breeders' federations are calling on the sector to use inter-professional production cost indicators and to prioritize French pork.

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Original content

Until the end of June 2021, pork prices recovered sharply, reaching € 1.72 / carcass at their highest level. "In June, European exports of pig meat, fats and offal to China fell by 25.6% over one year, increasing availability on the European market", indicates the statistical service of the Ministry of Agriculture (Agreste) in a note on August 30. Spain and the Netherlands were particularly affected by this downturn (unlike France and Denmark). However, explains Agreste, pressure on pork prices was also exerted in France in July (-15cts of € / kg over one month), unusually given the seasonal decline in the pork supply. . Since then, the Breton pork market price has remained stable at € 1.345 / kgc, for the tenth consecutive week. Loss of 20 euros per pig In a press release, the FNSEA Bretagne and Pays de la Loire estimate that the fall in pork prices and the rise in cereal and protein prices since mid-June have resulted in a loss for breeders of 20 euros per pig ...

Source: Pleinchamp