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Overproduction Part of EU Pig Market Problems

19 December 2014

EU - Overproduction in some European countries, alongside the Russian import embargo, has put the European pig market in difficulties, according to the agriculture council.

At the Agriculture and Fisheries Council meeting earlier this week, Belgium, Denmark, Ireland, France, Hungary, Poland and Romania delegations, supported by Estonia and Austria delegations expressed their concerns about the market situation for pig meat in light of the Russian import restrictions.

Some delegations shared the concerns of these member states and requested the introduction of a
temporary support scheme for private storage, which would ease the market before alternative markets can be found.

The Commission noted that in addition to the Russian embargo, the overproduction in some member states is also responsible of this situation. Even if the decrease in the price of pig meat observed in several member states is not yet at a crisis level, the Commission will review this demand at the beginning of next year in light of the evolution in this sector.

TheMeatSite News Desk

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