EU pig prices down in March
AHDB analyst Rebecca Oborne says that the prices slipped after a strong increase during February. The measure currently stands €16 below year earlier levels. The decline was not entirely unexpected as tight supplies were reported in February but the situation was not expected to last which is reflected in the recent weakening of the reference price.
Of the key pig meat producing countries, Poland recorded the largest decline during the past four weeks, declining by €7.19, to stand at €142.83/100kg. The Netherlands, Germany and Denmark also all recorded price declines.
Conversely, the Spanish and French reference prices both recorded gains, of €7.71 and €4 respectively.
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