Especially for breeding companies in Middle-Europe the situation is worrying, even fatal, said ISN chairman Franz Meyer zu Holte, as prices paid for pigs and piglets are nowhere near break-even at the moment.
“Breeders in Middle Europe lost about €2.5 billion capital money in the last year”. In the meantime, another €1 billion can be added to that amount, according to ISN.
The ISN added, “On one hand, we’d like to provide high-quality pork against competitive prices for our consumers, but on the other hand we see deep-red figures”.
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