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AHDB Pig Market Weekly


28 December 2015

AHDB Pig Market Weekly - 28 December 2015AHDB Pig Market Weekly - 28 December 2015


AHDB

Record EU Pork exports in October, UK pork production growth slows in November, and UK pig prices fall in the week ending 19 December.

As has been the case in most recent months, the Chinese market dominated EU pork exports in October, taking them to a record level. A doubling of shipments to China meant that total volumes reached 182,300 tonnes, 7% above the previous record level of October 2014.

The Japanese market also performed strongly, taking over 40% more EU pork than a year before. Between them, China and Japan accounted for over half of exports during the month, compared with less than a third last year. Apart from the US, most other major buyers of EU pork took significantly less than a year before.

There were particularly sharp falls to South Korea and Hong Kong. With the decline in prices slowing in euro terms, so the average was only 4% lower, the value of exports was 3% up on the year, at €413 million.

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