Philippe Mallétroit – Director for France
After appearing in November 2019 in the city of Wuhan in China, the Coronavirus pandemic (Covid-19) spread all over the world, from continents to continents, creating unprecedented health and economic crisis.
Like many other European countries, France started containment on March 17, and this until May 11th. During this period, many parts of the French economy are at a standstill (restaurants, hotels, shops, etc.).
As of the 27th of April, 10.8 million people were unemployed in France, and 84 % of their salary will be paid by the French Government.
Nevertheless, during these difficult times, agricultural and agro-food businesses continue their remarkable work to continue feeding their fellow citizens.
Since the beginning of the pandemic, with the closure of restaurants and the slowdown in exports, some industries have suffered more than others, such as beef and dairy production. About pig production, we can be pleased for once that this health crisis has not, for the time being, had too much impact on the prices of pork down.
No slaughterhouse closures were reported (unlike North America), neither no noticeable slowdown in the processing plants and, hog supplies to slaughterhouse remained fluid.
Different situations in different countries
Depending on the country, the impact of the Coronavirus crisis on hog prices has been more or less strong