Ismea: A good year for poultry farming, swine industry loses ground and now the worry is about the rising commodity prices in Europe

Published 2021년 4월 7일

Tridge summary

The article provides an overview of the economic impact of the COVID-19 pandemic on the livestock supply chains in Italy, as detailed in a report by Ismea. The report highlights the diverse effects on different sectors, with the pig production chain facing structural challenges, the dairy industry experiencing a contraction due to the closure of the Horeca channel and a surge in raw material prices, while poultry farming has shown greater resilience. The cattle sector also experienced impacts, with a decrease in both slaughtering and imports, despite a rise in domestic consumption. The report also touches on the role of self-sufficiency and integration in the poultry sector's performance and notes risks, such as potential reduction in consumption, feed price increases, and avian flu outbreaks, for 2021.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A differentiated impact on the various livestock supply chains. The economic consequences of the measures to combat the spread of the coronavirus have had different traits in the agro-food-livestock sector. The pig production chain has shown, for example, the structural limits that qualify it, such as the dependence on the processing of heavy pigs; the dairy industry has suffered the contraction in trade while poultry farming has shown greater resilience. In the latest report dedicated to the pandemic, one year after the first lockdown, Ismea takes stock of the effects of the health emergency. Finally, with reference to the end of 2020 and the beginning of 2021, the institute found a problem common to various sectors, already denounced by several voices: the increase in the prices of raw materials, both cereals and vegetable proteins. Dairy The most significant repercussions were in the first half of 2020 with the closure of the Horeca channel. Trade was affected by restrictions, ...

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