By Farmers Weekly staff
PIG producers will be offered training on how to manage risk later this summer in an effort to improve the prospects of businesses exposed to commodity price fluctuations, the National Pig Association has announced.
The NPA has been awarded 76,500 from MAFF, Meat & Livestock Commission, HSBC Bank and Asda to look at risk management tools used effectively in other EU countries and the US and adapt them for UK producers.
According to Mike Sheldon, NPA chief executive, the project wont solve any short-term problems faced by the industry, but will help businesses survive an increasingly volatile world market by cutting down exposure to risk.
Farmers will then be asked to attend regional workshops between July and September.