Grampian Pig Producers face tough times

01 April 1999

Grampian Pig Producers face tough times

FIGURES from Grampian Pig Producers reveal the full scale of the disaster that has been facing the pig sector.

Some £8 million was wiped off members incomes last year which meant eight farmers went to the wall.

The co-ops balance sheet was hit by a loss of £11,830 – its second in two years – and this years loss arose from a £39,000 bad debt.

Chairman Gordon Stephen said prices were still below the cost of production but said he was confident the worst is now over.

The co-op expects prices to fall around Easter but to see a recovery during the rest of the year.

Grampian Pigs marketed 502,788 finished pigs, 65000 cull sows and boars and 28,600 weaners to the value of £29.2 million for members during the last financial year.

Turnover for the year to the end of December 1998 was almost £30m, compared with £46m for the previous 15 months.

  • The Herald 01/04/99 page 29

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