The Belgian pig sector is committed to creating a single index to adjust the prices of cattle

Published 2023년 2월 2일

Tridge summary

The Belgian Meat Federation (FEBEV) and the Federation of Meat Products Manufacturers (Fenavian) have announced their intention to merge their pork indexes, the Meatindex and Vindex, to create a more accurate reflection of the pork market's dynamics. The combined index is expected to enhance transparency and strengthen negotiation powers against the retail sector. The initiative, which follows two years of preparation, has received support from other industry bodies like Pork.be.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Belgian Meat Federation (FEBEV) and the Federation of Meat Products Manufacturers (Fenavian) will work together to integrate their pork index, the Meatindex and Vindex, respectively. According to both organizations, the combined index should be a better representation of the evolution of the market and thus contribute to greater transparency in the sector. "The unified index can also be a more powerful tool in negotiations with the retail sector," they hope. The index integration process was preceded by two years of preparation. Belgian organizations such as Pork.be say they are satisfied with ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.