Why are the purchase prices of fattening pigs unprofitable, since the stock in the EU is declining?

Published 2022년 11월 16일

Tridge summary

The pig sector in Poland and the European Union is facing a significant challenge of unprofitability and constant losses, as highlighted at a recent conference by Dr. Marian Kamyczek, director of the Institute of Animal Production in Pawłowice. The decline in pig stocks, particularly in Poland, is part of a larger trend across Europe. The decrease in pork exports from the EU, due to policy choices in China and increased production costs, is further exacerbating the situation. These factors have led to an oversupply of pork, driving down prices, and making the situation for producers more challenging.

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

Original content

The situation in the pig sector is very difficult, the stock is constantly decreasing, the stock of sows in our country is falling even more dramatically. In the June census of the Central Statistical Office, it amounted to just over 600,000. pcs. This trend of unprofitability does not apply only to Poland, but also to many European Union countries, which record continuous losses in this production. This is how Dr. Marian Kamyczek, director of the Institute of Animal Production - PIB ZD in Pawłowice, assessed the current situation during the conference National Challenges in Agriculture. The German price is usually an indicator of what is happening in Poland. Although this price increased significantly and reached 2.1 euro/kg wbc at the beginning of September, then some people thought that it would be maintained. On the other hand, the German stock exchange recorded a decrease to EUR 2/kg wbc, and at the moment the last two quotations are EUR 1.9/kg wbc - said Dr. Kamyczek. The ...

Source: Farmer.pl