The situation of EU pig producers in the new year is still uncertain

According to the analysis of PKO BP experts, according to Eurostat data, the decline in pig production in the EU deepened in the third quarter of 2022 - slaughter of pigs (slaughter weight) was lower by 7.1% on an annual basis, compared to a decrease by 3, 9% y/y in the second quarter of the year. The largest reductions concerned Germany, Poland, Denmark and Spain, which defended itself against declines for a long time. The lower supply is a consequence of the long-term low profitability of production, which was reflected in both increases in feed prices and low selling prices (lasting until the middle of the first quarter), resulting from low demand on third ...