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    Peering Into Pig Industry's Future
03/02/06

Top international speakers gave an insight into their forecasts for the future of the pig industry at a major conference held in London.

© www.mlc.org.uk
outlook 2006

The Meat and Livestock Commission's Outlook 2006 was split into parallel sessions in the afternoon, one of which focused on pigs.

The event was held at 1 Gt George Street on January 31 and attracted more than 170 people.

Speakers included British Pig Executive Chief Executive Mick Sloyan, Home-Grown Cereals Authority Senior Economist Julian Bell and Anne Birgitte Lundholt, former CEIO of Danske Slagterier, now Vice President of the International Meat Secretariat.

Mick Sloyan's presentation included a section on the updated Road to Recovery which has just been published concentrating on health, costs, industry confidence and value.

His other key points were that the industry was facing:

  • Greatly improved productivity but a small decline in the breeding herd
  • A small decline in EU production
  • Global competition will keep European prices under pressure
  • Progress with WTO but no direct impact this year

Julian Bell said there were five key issues:

  • A big world grain crop in 2005 leaving the EU reliant on Brussels support
  • World grain stocks falling, EU stocks rising
  • Forward wheat prices above intervention
  • Soya bean stocks building
  • Volatility in the market will continue

Anne Birgitte Lundholt believed:

  • New players such as Brazil would become a major force
  • Veterinary and food safety issues will become increasingly important
  • Agriculture is not something special, it is a business like any other
  • We have higher costs so we must produce something which gives a higher price
  • Focus on efficiency and the entire chain
  • Fight any kind of bad farming.

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