The pig market in Europe - the current overview

Published 2021년 2월 17일

Tridge summary

The European Union pig market is facing challenges due to the COVID-19 pandemic and high feed prices. The situation is particularly dire in Romania due to African swine fever and in the UK following Brexit. However, the market is showing signs of stabilization with a return to normal slaughtering numbers. Feed prices have increased by around 42%, leading to production decreases and concerns about future price increases. Some countries are struggling with raw material access and significant overweight pig issues. The situation is worsened by African swine fever and concerns of outbreaks from neighboring countries. Brexit has also led to a significant drop in British exports to the EU, resulting in unsold goods and challenges in the UK trade market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The pig market in the European Union is still struggling with the repercussions related to the coronavirus epidemic (ban on sales to China, closed slaughterhouses). The profitability of production is negatively affected by high feed prices, which recorded increases of several dozen percent. The situation is dramatic in Romania due to African swine fever. The British, on the other hand, were hard hit by the effects of leaving the European Union. The progressive stabilization of the situation in Germany gives hope. On Friday 5 February 2021, a three-hour meeting of the Copa Cogeca group of experts of the pig section took place. The meeting was attended by representatives of Portugal, Spain, France, Great Britain, Ireland, Belgium, the Netherlands, Denmark, Sweden, Finland, Estonia, Latvia, Lithuania, Germany, Austria, Italy, Hungary, Czech Republic, Romania, Slovenia, Cyprus and Poland. At the beginning of the meeting, the chairman, Antonio Tavarez, announced the transfer to the ...

Source: SwiatRolnika