The Spanish pig sector increases the profit margin to 44 euros per pig

The pork sector in Catalonia has experienced a positive first half of the year, with a increase in profit margin per pig slaughtered to 44 euros, up from 40.67 euros in the previous half. The average price of pork in Mercolleida, the reference market in Catalonia, was 1.75 euros per kilo, despite a slight decrease from the previous period. The sector has seen a slight decrease in exports, but this has been offset by transactions within the European market. However, the sector is expressing concern over potential tariffs on pork from China, a major importer of Spanish pigs, in response to the European Commission's plans to raise tariffs on electric cars imported from China. The sector is also facing concerns and additional costs due to regulatory requirements on animal welfare.

The pork sector continues to rise and in these first six months of the year the profit margin has increased to 44 euros per pig slaughtered, more than three euros increase in relation to the December 2023 data, according to Unión de Uniones. Those responsible for the agricultural organization Unió de Pagesos (UP) celebrated these economic results that Thursday at a press conference, which they consider positive and which, on a national level, the Unión de Uniones has also shared in a statement. The price of pork in Mercolleida, the reference market in Catalonia, has reached an average during the first half of the year of 1.75 euros per kilo of pork, a figure that, despite being two cents below the last half-year balance, has was able to compensate with the drop in production costs (1.35 euros per kilo). Taking into account that Catalonia produced a total of 22 million pigs slaughtered last year, if this profit margin is maintained, at the end of the year The pork sector will have ...