Short food-supply chain keeps pork prices steady in France
Pig prices in Frace have remained steady, despite the closure of restaurants and a slowdown in exports. "Since the beginning of the containment on March 17th, the price of pork has remained overall well, except the drop of 3.4 cents per kg carcass on April 23rd which corresponds more to the holidays period (May 1st and May 8th are public holidays), with two 4-day weeks. Hog market price dropped by 5.4 % between March 16th and April 23rd,", according to the latest Genesus market report.
The French pork industry seems to be supported by constant demand in the domestic market and a short food-supply chain. In fact, "in March, some pork meat processing plants saw their production increase by 20 to 30%," explained Philippe Malletroit, Director for France, Genesus Inc.
A similar situation is reported in Romania, where the second-largest pig slaughterhouse, Abator Peris, has decided to invest €2 million to increase production due to increased demand for fresh products. The company delivers fresh pork products to its 24 stores in Bucharest and to hypermarkets across the country. Currently, Romania's dependence on pork imports reached 70% but local products are getting more and more appreciated. Abator Peris collaborates with 46 local farms to deliver fresh pig meat in the market.
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