EU Pigmeat Management Committee meeting
The EU Pigmeat Management Committee meeting was held on December 12, 2006, reporting that the majority of states have a stable market together with good seasonal demand. Concerns did arise with regard to the increases seen in cereal prices and Russian threats to ban imports from the EU.
It was reported that Italian specialist hams are under pressure, experiencing low profit margins. Cyprus reported the highest price at €188/100kg and Poland with the lowest EU price at €115/100kg. This is a 7% decrease from 2005 (the herd has increased by 7%) and is expected to fall further.
Poland proposed re-introduction of refunds for half carcases and the introduction of private storage measures, which the Commission did not comment, however, has in the past rejected this type of measure. The Commission forecast an average price of €140/100kg for early 2007.
The next meeting is scheduled to take place on 16 January, 2007.
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