September 20, 2010

Weak profitability in Danish pig farming to worsen

Increased feed prices and falling pork prices has resulted in a new forecast by Videncenter for Svineproduktion (Danish Pig Research Centre) that the weak profitability is likely to continue and become even worse.

A few months ago it was expected that the profitability of pig farming in Denmark was to improve.

For 2010, the centre anticipates a DKK47 (EUR6.31, US$8.25) loss per produced pig, and for 2011 a DKK125 (US$21.94) loss.

According to estimates by the local news, Danish pig breeders in all will lose DKK3.9 billion (US$685 million) on their business in 2010 and 2011.