Britain Sees Improvement in Pig Incomes
UK - Average farm business income is forecast to increase substantially in 2008-09 on specialist pig farms, according to the latest government national statistics report for the United Kingdom.
3 February 2009
2 minute read
This reflects in part the low incomes seen in 2007-08 but also higher pigmeat prices throughout 2008 caused by tighter supplies and weaker sterling against the euro.
Although input costs are also forecast to increase, particularly for fuel and feed, these are expected to be more than offset by increased output from pig enterprises, says the report.
| 03/04 | 04/05 | 05/06 | 06/07 | 07/08 | 08/09 (prov) | Annual change 08-09/07-08 |
|
|---|---|---|---|---|---|---|---|
| At current prices | 36,900 | 25,900 | 30,300 | 24,500 | 6,300 | 71,300 | 1032% |
| In real terms at 2008/09 prices | 43,600 | 29,700 | 33,800 | 26,400 | 6,500 | 71,300 | 997% |
