Massive bankruptcies may come in the pig sector

By: Trademagazin editor Date: 2021. 11. 22. 11:38

The Hungarian pig sector is in a critical situation, domestic producers have been at a loss for months, and the sector has become unpredictable.

The situation of pig farmers is becoming increasingly bleak

The situation is not only bad in Hungary. The African swine fever has also appeared in China, and the drastically rising feed prices have confused and disrupted the global and European markets, agrarszektor.hu wrote. In addition to the prices that have arisen, the masses of Hungarian pig farmers are thinking of closing down. The protracted crisis that has characterized the pig sector for almost a year now could even cause mass bankruptcies. (agrarszektor.hu)