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

Published 2021년 10월 13일

Tridge summary

Nineteen European Union countries have sought assistance from Brussels to address the crisis in the pig sector, blaming the drop in demand in China and Covid-19 for the sharp decrease in prices. The situation is worsened by an increase in production and a decrease in exports to China, leading to the lowest margins in the pig meat industry in the EU in the past decade. The industry also faces high production costs due to the highest feed prices in a decade. The countries are advocating for the activation of exceptional market measures by the Commission to aid producers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Nineteen countries of the European Union (EU), among which Spain does not appear, asked Brussels for help this Monday due to the crisis in the pig sector, motivated among other reasons by the fall in demand in China, an issue that was addressed in a Council of Agriculture Ministers Germany, Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Finland, France, Greece, Hungary, Latvia, Lithuania, Luxembourg, Malta, Poland, Romania and Slovakia asked the Commission the activation of exceptional market measures to help producers. "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 section "miscellaneous" of the Council indicates that the margins in the pig ...
Source: Agrodiario

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