Export dependency risky for EU pig industry

Increasing exports to non-EU destinations have led to booming pig prices in the first half of 2016. The question is whether this economic recovery is structural. Even now, margins are just over break-even. Whether the long expected profitable years have come, depends on many factors, especially external factors without much influence of the pig sector. Relying on the export opportunities to third countries, however, is too risky. The total world pig meat production amounts to some 110 million m