Europe: Pig Profitability Returning
Rising feed costs have put European
pig producers under pressure over the last year, but producer margins have improved
gradually and are now approaching their long-term average; this was the view of
agriculture commissioner Mariann Fischer Boel as she addressed World Meat
Congress in South Africa.
Over the last 12 years, average pig producer margin was about Â£40 per 100
kilos, she said, but earlier this year it dropped â€œclose toâ€ zero. She
acknowledged that in some member countries, margin was â€œeven belowâ€ zero.
Analysis of the challenges facing the European meat sector should not
mask its successes, she said.
â€œThe European Union has responded very
robustly to the food safety problems of the past. We have been rigorously
enforcing high standards, and we have restored our solid reputation for safety
She said it was not within her power to remove all
uncertainty from the life of a farmer or a meat producer. "Nevertheless, I would
like to see an environment which is as predictable as possible - in terms of
trade, and in terms of domestic policy.â€
â€¢ World Meat Congress
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