From today, Danish pig producers receive the highest price for their pigs in 18 years. The price of pork – or the pig listing, as it is called – is DKK 12.80 (1,70 euro) for a kilo of pork. It is the highest price since 2001.
Pig prices have mainly been rising because China is currently affected by the deadly African swine fever virus. China accounts for half of the world’s pig production, and the outbreak of swine fever in China means that about 200 million pigs have died. This is equivalent to a quarter of all the world’s pigs having disappeared.
This is what is causing the demand for Danish pork to rise, and it is pushing up prices. Pig prices have risen steadily over the past six months, but especially in recent weeks, price rises have accelerated.
“We are seeing big increases right now as we approach the Chinese New Year. We are also approaching the Christmas holidays, where many countries have pork on the menu” says Lars Albertsen, global sales director at the slaughter giant Danish Crown.
Source: www.dr.dk
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.