EU pig meat production up 1,3 % in May
The growth came mainly from France, Spain, and Denmark where pig meat production was up by 8.5%, 2.8% and 7.9% respectively. Italy and the Netherlands also saw a reversal of trend, with production up on the year after recording drops in the first four months of the year. Germany remained below previous year levels, but by a smaller deficit than earlier in the year.
Year-to-date pig meat production in the EU reached 9.5 million tonnes by May, 3.8% below the same period last year. This is in line with the latest EU short term outlook, which predicts a 4% drop in production for the calendar year. High input costs remain an issue, and while prices are at relatively high levels, they have levelled off in recent weeks. Farm margins are therefore expected to remain under pressure, while environmental concerns, reduced exports to China and ASF will also weigh on markets.
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