Pork market at year-end ‘good prices but a lot of pressure’

Pork market at the end of the year ‘good prices but a lot of pressure’ Although the pork market in the second half of this year still has good prices, farmers are facing great pressure due to increased production costs, feed, energy and many new barriers. A report by Rabobank said that these factors will continue to challenge pork producers worldwide and are particularly difficult for farmers in the European region (EU). Accordingly, pork production in the EU and the UK is expected to continue to decline in the fourth quarter of 2022 due to ongoing pressure on profit margins. Experts predict a decrease of at least 4%, with the largest declines likely to occur in Poland, Germany, Denmark and the UK. #news #pig #agriculture

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