2021 will also be a strong year for the pig sector in the EU

Published 2021년 3월 17일

Tridge summary

In 2020, the EU set records in pork production and exports, with projections for higher production in 2021. However, the pork industry may face challenges in finding new markets as pig numbers decrease due to uncompetitiveness and diseases like African swine fever. The cattle herd is also expected to decline, although milk production will remain stable. Beef production, however, may struggle internationally due to uncompetitiveness. The decline in beef cattle numbers was accelerated by the COVID-19 pandemic, but some Central European countries and the Iberian Peninsula saw increases due to subsidies and export opportunities. Feed prices are expected to rise in 2021, and the industry will see more difficult exports and a reduction in less efficient farmers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2020, EU pork production and exports set a record. USDA analysts expect a new peak in production in 2021, but the pig will be harder to sell, the community will have to find new markets. The cattle herd will continue to decline in 2021, which will not adversely affect milk production, but beef production will face competitiveness problems in the international market. This year, even more shipments will arrive at slaughterhouses (Source: MCS Slaughterhouse) In 2021, the EU cattle herd is projected to decline further (excluding the Irish dairy herd and Central European herds). The EU dairy herd is declining due to the increased efficiency of the sector (the volume of milk delivered is growing by 1.6% per year), while the EU beef herd is shrinking due to the sector's uncompetitiveness (subsidies are kept alive). The USDA report highlights that in 2020, cattle numbers in several Central European countries - Poland, Hungary, Bulgaria, the Czech Republic, Slovakia and the Baltic ...

Source: Agraragazat