Danish live pig export forecast lowered
Forecasts for Danish live pig exports in the next year have to be adjusted
downwards after a sudden decline in the latest quarter.
These figures are released by the Danish Meat Association (DMA).
DMA market analyst Karsten Flemin said the 14% fall was a lot bigger than
predicted. A seasonal drop in exports in the third quarter of the year is to be
expected, but this year it has been unusually strong.
fall in the third quarter is unusually larger than we had expected. It is so
marked that it's going to make us adjust our forecasts downwards for exports in
2007 as well as for the rest of 2006," he said.
After several years of explosive growth, 1.12 million pigs were exported in
the second quarter and 961,000 in the latest period. The year-on-year decline is
Market analysts say exports of live pigs, mostly to Germany where prices are
higher, have struggled in the face of increased transportation costs following
revelations that hauliers were making longer journeys without allowing animals
to graze outside, as EU law dictates. Asian exports also suffered in the latest
Earlier this year
the DMA said that live pig exports were expected to almost double compared to
2004. In 2006, 3.7 million weaners and 860,000 pigs and sows were expected to be
exported, with Germany and Great Britain as the main markets.
â€¢ Danish Meat Association
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