Ministry of Agriculture: pig farmers to be in trouble

By: Trademagazin editor Date: 2021. 10. 12. 11:34

Along with several member states, Hungary has called on the European Commission to use its mandate and take immediate market measures to prevent the crisis in pig farmers from deepening further, Nagy István said after the meeting of EU agriculture ministers.

Pig farmers expect decisive action from the EU

According to a statement issued by the Ministry of Agriculture (AM) on Tuesday, the minister reminded that Hungarian pig farmers, who provide more than a third of domestic meat production, and European Union industry players have to face unprecedented difficulties. In a short time, production costs, feed prices and energy costs have risen sharply. During the same period, however, transfer prices fell drastically, so dangerously “the scissors opened.” As a result, pig farming is now unprofitable for even the most efficient farms. And this situation cannot be maintained even in the short term, Nagy István added. (MTI)