Danish pig breeders facing higher feed costs
The Danish Prig Producers group has stated that Farmers in Denmark are currently facing a surge in grain prices.
Costing farmers
Feed takes up two-thirds production costs in Denmark. “It’s a chaotic situation as many pig farmers are already in debt,” said chairman of the producers’ group Henrik Mortensen.
©
“Meat prices will also go up, but there’s always a delay of some months, which means that farmers have to rely on the mercy of their banks,” he added
©
The country rears 27 million pigs annually of which each pig has to be fed 200 kg wheat and barley along with soy products.
©
Wheat traded in Chicago reached a 22-month high August 2.
©
Source: Bloomberg
Join 18,000+ subscribers
Subscribe to our newsletter to stay updated about all the need-to-know content in the pigsector, three times a week.
