date:Aug 26, 2014
e UK price was up 2.5 per cent.
In sterling, the EU average was 20 per cent lower, said Mr Macdonald. Since the beginning of July, UK prices have drifted 2-3 per cent lower in both currencies while the EU average has fallen by 6-7 per cent.
The slide in European prices is more likely to reflect strong production and greater trade within the European market than the impact of the Russian ban on pig meat exports.
Eurostat trade data shows that EU pork shipments to third countries grew 0.5 per c