Pork prices in the EU may rise in the near future

Published 2024년 12월 9일

Tridge summary

The Dutch Rabobank forecasts a rise in pork prices in the European Union in the medium term due to a predicted decrease in production, expected to be especially significant in the Netherlands because of government buyback programs for environmental reasons. The sector also faces challenges such as new regulations, epidemic diseases, and increasing production costs, which could lead to further consolidation in the industry and affect the competitiveness of European pig farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a recent analysis by the Dutch Rabobank, pork prices in the European Union will rise in the medium term. According to the bank's forecast, pork production will decrease in the EU next year, which, together with the seasonal increase in demand, could lead to higher prices. An overall decrease of 0.5 percent in production is expected in various EU countries and the United Kingdom. The decrease will be particularly significant in the Netherlands, 10-15 percent. This is mainly due to government buyback programs implemented as part of the Dutch environmental protection policy. In June of this year, the number of sows in the Netherlands was already 6.3 percent lower than in December of the previous year. In the long term, new political and social regulations may further destabilize the market, which may cause several economies to cease to exist. Another problem for EU pig farmers is that several epidemic diseases are affecting the herds. Of these, porcine reproductive and ...
Source: AgroForum

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