The French pork exports dropped harshly during last February (-11% when compared with February 2013) due to the Russian embargo, as shown by the data of the Agriculture Secretariat statistics service (Agreste) in its financial balance sheet.
From March to June, the drop in the exports was reduced, to a great extent, by the increase in the exports to Asian countries. Nevertheless, during July, the exports to China dropped strongly. Although the exports to China recovered in August, the exports to the EU (especially to Italy, Greece and Germany) fell abruptly.
On the other hand, the year-on-year slaughterings have increased. This rise in production, together with the lesser opportunities for exporting, have caused a fall in the prices of the E and S class carcasses in August (-14% in comparison with August 2013), although since the beginning of 2014 they kept significantly over the average of the last five years.
November 2014/ Agreste Conjunction – Financial Balance Sheet 2014 – no. 6 - October-November 2014/ France.