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Britain Sees Improvement in Pig Incomes

by 5m Editor
3 February 2009, at 8:10am

UK - Average farm business income is forecast to increase substantially in 2008-09 on specialist pig farms, according to the latest government national statistics report for the United Kingdom.

This reflects in part the low incomes seen in 2007-08 but also higher pigmeat prices throughout 2008 caused by tighter supplies and weaker sterling against the euro.

Although input costs are also forecast to increase, particularly for fuel and feed, these are expected to be more than offset by increased output from pig enterprises, says the report.

03/04 04/05 05/06 06/07 07/08 08/09 (prov) Annual change
08-09/07-08
At current prices 36,900 25,900 30,300 24,500 6,300 71,300 1032%
In real terms at 2008/09 prices 43,600 29,700 33,800 26,400 6,500 71,300 997%