BRUSSELS OPENS EMERGENCY PIGMEAT STORAGE
January 1st, 2011
BY KEITH NUTHALL
Concerns the German dioxin crisis could force European pigmeat producers into losses have pushed the European Union (EU) into offering emergency storage subsidies. Handouts will vary by products being stored and the European Commission is offering storage options of 90, 120 or 150 days.
A Brussels report said pigmeat prices fell 2.4% across the EU (7.2% in Germany) immediately after the dioxin crisis in Saxony, and the Commission fears "a further price decline." German pig farmer group InteressengemeinschaftSchweinehalterDeutschlands ...
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