Pig farming is under pressure in the European Union. According to a current estimate by the Brussels Commission, EU-wide production will fall by 4 percent in 2023, after less pork was produced in important producing countries last year.
The Dutch Rabobank assesses the situation similarly. For the current year, the bankers expect a 3 to 4 percent decrease in production compared to 2022 in the community. Therefore, they expect a further price increase in the EU pork market for the second quarter of 2023 .
The analysts also see the recent increase in piglet prices and the demand for single piglets as a sign of confidence in a further increase in prices on the pig market.
PigUA.info by materials agrarheute.com