HomeIndustryLatvia's pork prices fell by almost a quarter

Latvia’s pork prices fell by almost a quarter

Average pork prices in Latvia fell by 23.3% in May 2018 compared to the same month in 2017, according to the latest data released by the Latvian Ministry of Agriculture.

In the European Union, average pork prices were down by 18.6% in May 2018 compared to year-earlier levels. Denmark reported a 21.3% decrease in average pork prices in the mentioned period, in Germany prices went down by 20.6%, in Poland by 21.6%. Meanwhile, in Lithuania and Estonia average pork prices fell by 13.1% and 11.3%, respectively, TVNET reports.

When it comes down to average prices for pig carcasses, the EU reported a level of 141.59 euros per 100 kilograms in May, while in Latvia the prices were on average 140.86 euros per 100 kilograms.

The highest average prices for pig carcasses were reported in Lithuania – 154.91 euros, Germany – 44.97 euros, and Estonia – 143.59 euros per 100 kg.

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