Pig production in France declines in 2022
The profitability of French pig farms remains lowAs in other European Union countries, with the exception of Spain, French pork production has declined since the beginning of 2022, according to a news release from France AgriMer.
French and European quotations of pig carcasses have reached record levels due to the decline in supply and the increase in production costs, including feed and energy. The price of feed reached a peak, at €395/tonne last July.
The profitability of French pig farms remains low, despite a slight improvement compared to the very deteriorated situation at the beginning of the year.
Following the decline in Chinese purchases, French exports of pork and slaughter meat declined in comparison to 2021 and 2020. At the same time, imports have increased and France's trade balance has again become a deficit in value of nearly €110 million over 7 months