Good news for EU pigmeat sector
According to an EU Commission report, by Central
Market and Price Report Office (ZMP), average EU pig prices the highest price
for five years.
There are fears that the profitability of the sector may fall due to
increasing feed and energy prices. EU pig production for 2006 is forecast to
reach around 245m head, or 21.3mt of pigmeat, up approximately 1.4% from last
Germany hopes to see an above-average increase in production (approx.
2.9%). Poland, Slovenia, Spain, Denmark, Italy, Austria and the Netherlands are
also looking for a rise. However, production is expected to fall in the Czech
Republic, Hungary and Slovakia. The same was reported for Belgium (-1.1%) and
In the first half of 2007,
average pigmeat production is expected to rise slightly. Polish production will
rise by around 5%, but this is likely to tail off towards the end of the year as
the number of pregnant sows falls. A similar rise is expected in the UK,
Germany, Italy, the Netherlands and Austria. Market analysts are also
forecasting an increased demand for pigmeat, so there could be further
opportunities for EU producers to export.
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