Hogan’s bad news for EU pig farmers
He said the Danish proposal at this week’s Farm Council, would not solve current market difficulties linked to over-supply.
EU pig prices had fallen by about 20p a kilo in less than two months, reaching levels in the Netherlands and Germany not seen since the 2001 foot and mouth time. This is attributed to increased export competition since July. Consumption and exports will remain under pressure, and 2015 prospects are weak, according to a Rabobank market analysis.
