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Read this article in: Economy

UK: Negative margins lead to massive reduction of breeding herd

After seven successive quarters of negative margins, the English pig breeding herd has been reduced greatly.

Recent figures from AHDB showed pig producers in Great Britain lost, on average, an unsustainable £52/pig in the second quarter of this year, following losses of £59/pig in the first quarter. After seven successive quarters of negative margins, producers have lost, collectively, £600 million since the autumn of 2020, AHDB estimates.

Defra’s June Agricultural census showed a massive 17% reduction in the English pig breeding herd, which industry data suggests is mirrored on a UK-wide basis and is already being reflected in the number of young pigs coming into the supply chain.

September 12, 2022/ National Pig Association/ United Kingdom.
http://www.npa-uk.org.uk

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