Belgian meat association predicts higher prices

06-02-2008 | |

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 coming months.

“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 September.

“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.

Related websites:

• Febev (in Flemish)

• AGD (in Dutch)

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