Bad year for Dutch pig farmers
Figures released from the Dutch Agricultural Economics
Institute (LEI) report that no farm category made a profit in 2007. The pig
sector in particular experienced a slump with higher producer prices still
unable to cover costs.
The average income from farming of Dutch agricultural and horticultural
businesses last year came to around €51 000 per concern, a decline of €1 000 or
2% compared with 2006. The gap between production income and costs widened
slightly overall, to €87 per €100 costs.
Low producer prices and sharply rising costs made it a disastrous year for
the pig sector, with farm income falling 162% from break-even point at €79 600
to minus €49 000. Piglet prices fell by 25% and breeding pig farms saw their
income slump by 193%, converting a €3/100 profit into a €30/100 deficit.
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