UK farmers are part of a global trend as the cost of feed and compliance with welfare regulations hits suppliers worldwide.http://www.ft.com/cms/s/0/555c3000-f919-11e1-8d92-00144feabdc0.html#axzz26AiSt4Tv
Output could fall by up to 20 per cent by Christmas as British farmers consider quitting the business rather than face mounting losses with every hog sold, according to a survey by the National Pig Association. Some 8,000 breeding sows have been culled since beginning of the year.
Pork is the latest dinner table staple to feel the squeeze caused by rising input costs – exacerbated by this year’s US droughts, which have pushed up the price of soya used in feed – and supermarket reluctance to charge more to cash-strapped customers. All livestock farmers have been affected, but feed forms a greater proportion of the costs for pig producers.
Devon-based Lester Bowker, who is quitting after 21 years as a pig farmer, says it does not make economic sense for family farms to stay in the business.
“At the moment we are just about standing still . . . we are not investing in the business. So I’m looking at it and thinking, ‘What’s the point going forward’?,” he adds.
Keep an eye open as this spreads... particularily as cash-strapped and drought-stricken Ameircan food producers start bailing... and foreign suppliers start reducing imports because of decreasing supplies.