"We're flying blind," Joliff, who farms in France's pig-breeding heartland of Brittany, said. "We'd like to invest but we don't know where we're heading."
Pig prices soared in Europe last year as output was cut by farms squeezed by high grain and energy costs.
Unlike previous cycles, European breeders are in no rush to revive production despite record prices this year that have restored margins for many farms.
European Union pork production is set to fall for a second year in 2023, taking the cumulative decline to around 10%, and output could ebb further in the coming years, according to analysts.
PigUA.info by materials reuters.com