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Paraguay expects pig farming to recover in 2024

Other Frozen Pork Cuts
Meat
Paraguay
Published Mar 14, 2023

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The Paraguayan Association of Pork Producers (APPC) explained that a recovery in the sector can only occur next year, as they consider that these twelve months will be a transition period. Of the 120 farms formalized in 2022, 35% closed with the crisis, 45% reduced the productive herd and only 20% are still on the production route, according to Jorge Ramírez, head of the union, who spoke on the subject with La Nación/ Middle Nation. Despite the negative numbers, the industry is working to reopen farms that had to stop their participation in the sector. Ramírez predicts that the situation will remain in conditions of over demand because there are fewer producers, but they are managing new credits to overcome the sector of small and medium producers. In addition, large companies are also receiving a financial injection to stabilize themselves. The increase in pork prices was seen in the Paraguayan Central Bank's inflation report in February, coinciding with the first shipment to the ...
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