Belgian meat association predicts higher prices
The price of pork can rise by 30 to 50% as exports to
China get up and running. Such is the opinion of the Director of the Belgian
Meat Association, Febev, Thierry Smagghe.
In an article in Dutch newspaper, Agrarisch Dagblad,
Smagghe is quoted as saying that pork and beef will be 15% more expensive in the
"Meat is dearer as feed prices have risen. In the case of beef, the industry
has been plagued by bluetongue disease resulting in less calves being born."
He expects the price of pork to rise in the summer with a peak in August and
"With the current turbulence on the world market, the price increase is
difficult to estimate. Once the Chinese market opens for exports, then it should
rise to 50%," he said.
â€¢ Febev (in Flemish)
â€¢ AGD (in Dutch)
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