Saturday, 21 April 2012

Bacon prices could soar by 20% after new EU pig welfare reforms banning stalls set to come into force

Britain's breakfast lovers are facing a hefty hike in the cost of their favourite fry-up as the price of bacon could increase by 20 per cent next year.

A new report has revealed that the cost of the much-loved meat could dramatically increase when new EU pig welfare rules come into force.

The British Pig Executive (Bpex) has warned that pig meat supplies could plummet by between 5 per cent and 10 per cent at the start of 2013.

It says a ban on sow stalls could lead to pork producers who are unable or unwilling to comply with the new rules leaving the industry.

And the bacon hike warning comes as the price of eggs has soared for Britain’s shoppers in the wake of the EU-wide ban on battery cages introduced in January.

Bpex deputy chief executive Mick Sloyan warned that as the EU produced around 20 million tonnes of pig meat each year, even a 5 per cent drop could have ‘very sizeable effects’ .

'We are forecasting wholesale price rises of at least 10 per cent year-on-year which could rise to 20 per cent if production is reduced aggressively' he told trade magazine The Grocer.

If pig meat production drops and prices rise, bacon would be affected first, he said.


No comments:

Post a Comment

You only need to enter your comment once! Comments will appear once they have been moderated. This is so as to stop the would-be comedian who has been spamming the comments here with inane and often offensive remarks. You know who you are!

Related Posts with Thumbnails