Pig Prices Move Closer to Production Cost
FRANCE - French pig prices are moving closer to cost of production after increases in recent weeks, according to the French Pig Producers Federation.Producer prices have risen at a time of year typically not very favorable for pork, said the Federation Nationale Porcine.
Prices have been insufficient to cover costs since feed expenses started rising in the summer of 2010.
"The economy remains precarious for the producers whose treasuries have been depleted by successive crises," said the federation.
"That's why the producers will be vigilant in coming weeks about the evolution of pork prices and the attitude of industry operators."