Not China, pig doomsday threats Germany

Jakarta, CNBC Indonesia - The number of pigs in Germany has reportedly shrunk to a record low. This comes at a time when the country is experiencing a spike in energy costs after the Russo-Ukrainian war. The German Federal Statistical Office (Destatis) acknowledged in a press release that this was due to the continuing difficult economic situation. They cite sharp increases in energy, fertilizer and feed costs as a driver of the herd's decline. "Germany recorded 21.3 million hogs on November 3, a decrease of more than 10% compared to the previous year and a decrease of almost 20% compared to 2020, bringing it to an all-time low," according to Destatis data quoted by CNN International, Tuesday (27/27/2011) 12/2022). "In October, the most recent month for which data is available, production costs for all meat jumped nearly 47% compared to the same time last year," the data added. Germany also lost 1,900 pig farms this year. This follows a decrease in the number of farms by 1,600 ...