The European Union's pig prices are experiencing a slump due to factors such as Covid-19, reduced demand from China, and African swine fever, leading to financial pressure on pig farmers due to high feed costs. The European Commission anticipates a slight increase in pork production in 2021 and a substantial decrease in 2022. There has been no significant change in prices across the EU in the past week, with Ireland experiencing a minor decrease in prices. The industry is grappling with rising labor and feed costs, and many EU countries have sought support from the European Commission. The UK's Agriculture and Horticulture Development Board forecasts a 6% increase in exports in 2021 and an additional 7% in 2022, driven by strong demand from Asia. Despite the challenges, pork consumption in the EU is expected to slightly increase in 2021, but a decline is forecast for 2022.