The Chinese economic slowdown, Russia’s ban on European food imports and cheaper pork products from other EU producers are combining to create a perfect storm for many of the UK's pig farmers.
It has become hard to make both ends meat, indeed on some estimates, pig farmers in the UK are making a loss of £7 or more on each pig reared. Many are leaving the industry and now more than half of the pork products bought in the UK come from imported meat. The industry is trying to find new markets for export, but there is inevitably a delay in achieving this.
The economic problems facing pig producers are similar to the crisis facing the UK milk sector. To what extent is there a case for state aid in some shape or form to help pig producers through the current crisis?
The economic problems facing pig producers are similar to the crisis facing the UK milk sector. To what extent is there a case for state aid in some shape or form to help pig producers through the current crisis?
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