26 Jun 2024
Pork market update: EU production steady as prices see some stability
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Key points:
- Total EU production saw marginal gains of 0.3% in the first quarter compared to 2023
- Large production declines in Spain and Denmark as slaughter levels fall
- The EU Grade E pig price was sitting stable before dipping in the week ending 16 June
- ASF remains a huge challenge, with a recent outbreak confirmed on a German pig fattening farm
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Pork production in the EU has seen marginal gains in the first three months of the year compared to 2023. Total production from January to March 2024 sat at 5.42m tonnes, a minimal increase of 0.3% (18,200 tonnes) from the same time in 2023. The majority of the gains in production came from Poland which saw growth of 31,000 tonnes to 485,000 tonnes and Germany at 10,400 tonnes to 1.07m tonnes. This was offset by large declines in key producing countries, such as Spain and Denmark who saw falls of 7,000 and 21,500 tonnes to 1.32m and 344,000 tonnes respectively.
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