Pork prices may grow 5-10 pct on higher pig prices

by 5m Editor
13 September 2004, at 12:00am

PRAGUE - The price at which Czech farmers sell live pigs has increased by some Kc1.5 to Kc38 per kilo against last week, which may raise pork prices in shops by 5-10 per cent, sales cooperative Centroodbyt chairman Jan Veleba has told CTK.

The growth in pig prices came as a result of a shortage of pigs and higher consumption, he added.

In the neighbouring Germany, where local farmers export to the Czech Republic in the event of pressures for price cuts, pigs are sold at Kc41 per kilo this week.

Centroodbyt expects Czech prices to increase slightly to roughly Kc40.

Source: Europe Intelligence Wire - 14th September 2004

5m Editor