Export refunds requested
EU support for pork
In view of the crisis on the EU pig market, with revenues no longer covering costs, the EU Commission in Brussels decided on market support measures: First, they decided on subsidies for private storage, then export refunds were granted for unprocessed meat. Both measures met with great interest from pork suppliers. At least for those outside of Germany.The private storage (PLH) of pork has now been completed. According to the EU Commission, applications for around 101.500 tons were made across Europe; but as of February 13, there were only about 90.770 tons of contracts. The actual storage quantity at the end of January was only 22.600 tons across the EU, so that even larger quantities of pork had to be taken off the market in February.