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Bethan Wilkins

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AHDB Pork Market Intelligence

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Further signs of EU supply tightening

Home \ Prices & Stats \ News \ 2016 \ November \ Further signs of EU supply tightening

Latest slaughtering and production data from Eurostat provide further indications that EU supplies have been tightening.

Although the headline figures show a 5% rise in slaughterings in August, compared with last year, to 21.1 million head, there were two more working days in the month this year. Therefore, this effectively equates to a reduction in throughputs on a like-for-like basis. This is consistent with reports at the time, which indicated that tight supplies were contributing to the firm EU price. It was a similar picture for pig meat production, which was up 6% at a headline level, at 1.87 million tonnes. The slightly faster rate of growth indicates a modest rise in average carcase weights, compared with a year earlier. This took production for the first eight months of the year to 15.3 million tonnes, 1% higher than the same period last year.

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Most EU countries recorded rises in their headline production figures in August, with German output up by 5% and most other major producers recording even stronger growth (Spain +10%, France +9%, Netherlands +14%, Poland +12%). In contrast, Denmark recorded a sharp fall in production but this is likely due to different reporting periods in the two years. Early results from a small number of Member States show an annual decline in output in September (with the same number of working days in that month), although again Denmark was an exception.

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Stephen Howarth, Market Specialist Manager
Stephen.howarth@ahdb.org.uk, 024 7647 8856