the Danish pig herd had contracted throughout all classes in comparison with final 12 months, as of January 1st, in response to Statistics Denmark.The general herd shrank -1.8% from 13.39 million head to 13.15 million head.
Duncan Wyatt, AHDB lead analyst for pink meat, mentioned that the decline in Denmark’s pig inhabitants ought to come as no shock thanks for extreme challenges in profitability amongst pig producers.
“Costs for completed pigs are low throughout most of Europe, and have been for a while,” mentioned Mr Wyatt. “The EU (and due to its shut buying and selling relationship, by extension the UK) is contending with an oversupply of pork within the wake of coronavirus, African Swine Fever in Germany and a decline in Chinese language import demand.”
He added, nonetheless, he believes there in an underlying energy in Danish pig meat manufacturing, as pig manufacturing is seemingly nonetheless well-liked, and keen entrants are straightforward to seek out, with a ready record in place to take over from these leaving the sector.