EU production levels stand on last year’s volumes
Provisional figures from the EU Commission show that EU pig meat production stood on last year’s levels in June, at 1,892 thousand tonnes.
With the same number of working days in June 2016, versus June 2015, this allowed a like-for-like comparison. Similarly, clean pig slaughterings were also static on last year’s levels, at 21.2 million head. During June, there was a strong export demand, predominantly from China, which supported the strengthening EU pig price during this period. Therefore, the absence of increased slaughterings to capitalise on this would suggest that there has been some tightening of supplies within the EU. The initial figures released for certain member states state that there is both a reduction in the total pig herd and the female breeding herd, which would further tighten supplies, thereby providing further support to the price.
There were some fluctuations in the levels of production from major producing states. German and Spanish production was back 2% and 3% respectively, while Danish production was up 3% and the Netherlands by 16%. This reverses the direction of production recorded from these member states from the previous month.
Vikki Campbell, Senior Analyst
Vikki.Campbell@ahdb.org.uk 024 7647 8741