German Pig Prices Hold Steady Amid Contained FMD Outbreak
German Pig Prices Steady Amid Contained Foot-and-Mouth Outbreak
HAMBURG, Feb 5 (Reuters) – German pig prices remained stable over the past week, as hopes rise that the recent foot-and-mouth disease outbreak has been contained, according to meat traders and industry groups.
The Livestock and Meat Production Association (VEZG) reported that German slaughterhouse pig prices held steady at 1.72 euros per kilo. This is a slight decrease from the approximately 1.82 euros per kilo before the outbreak was confirmed.
Germany reported its first case of foot-and-mouth disease in nearly 40 years on January 10, in a herd of water buffalo near Berlin. However, with no additional cases reported since, some emergency measures to control the disease have been lifted.
“The market is starting to dare to hope that no more outbreaks will occur and that meat exports within the EU will continue,” said one German meat trader.
This cautious optimism reflects the industry’s efforts to manage the outbreak and maintain stability in the market.
Original story: Reuters
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