The British pig industry is now profitable with margins averaging about £4 (US$5.99) a pig, according to British Pig Executive (BPEX)'s Mick Sloyan on Tuesday (May 11).
The demand for UK's pork and the value of sterling against the Euro have had a significant impact on margins, but it doesn't mean producers should become complacent, he added.
However, although the UK is making a premium of nearly 25p (37 US cents)/kg over EU colleagues, the country is still behind the EU in terms of production, said Sloyan, adding that in order to meet targets being seen Europe, it has to invest.
"One of our priorities is to maintain the price premium we have over our competitors and we are well placed to do this. Much of it comes down to maintaining and increasing the support given by consumers in this country for quality assured product which now comes under the Red Tractor banner," he said.
Meanwhile, since 2001, there has been an 8.2% reduction in carbon emissions through better performance on UK's farms, with a further 17% reduction in carbon emissions predicted in the next 10 years, according to Sloyan.
"Based on present trends, by 2020 the industry's environmental impact will have fallen by as much as 30% taking into account all environmental burdens. The top 10% will be doing even better," he said.










