August 21, 2008

 

Czech Republic losing self-sufficiency in pork
  
 

The Czech Republic may become increasingly dependent on pork imports in the coming years, as the nation is losing its self-sufficiency in pig breeding, according to Agricultural Chamber president Jan Veleba.

 

Veleba stated his concern that the situation may have a negative impact on pork prices.

 

Pork producers now provide only 60 percent of domestic pork consumption and may decline to just 50 percent in the next two years, Veleba said.

 

Domestic pig stocks have dropped 14 percent from a year ago, which in turn will cause a chain effect across the food industry involving grain producers and processors.

 

Valeba said the trend has gone on for two years and the fall in domestic pig stocks during the second quarter of 2008 is the highest of all EU countries.

 

Last year, Czech Republic's deficit in pork trade reached CZK 4.98 billion (US$302.2 million), importing as much as 130,000 tonnes of pork, eight times more than in 2001.

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