| 03/02/06
 Top international speakers gave an insight into their
                      forecasts for the future of the pig industry at a major
                    conference held in London. The Meat and Livestock Commission's Outlook 2006 was split
                      into parallel sessions in the afternoon, one of which focused
                      on pigs. The event was held at 1 Gt George Street on January 31
                      and attracted more than 170 people. Speakers included British Pig Executive Chief Executive
                      Mick Sloyan, Home-Grown Cereals Authority Senior Economist
                      Julian Bell and Anne Birgitte Lundholt, former CEIO of
                      Danske Slagterier, now Vice President of the International
                      Meat Secretariat. Mick Sloyan's presentation included a section on the updated
                      Road to Recovery which has just been published concentrating
                      on health, costs, industry confidence and value. His other key points were that the industry was facing: 
                      Greatly improved productivity but a small decline in
                        the breeding herdA small decline in EU productionGlobal competition
                        will keep European prices under pressureProgress with
                        WTO but no direct impact this year  Julian Bell said there were five key issues: 
                      A big world
                        grain crop in 2005 leaving the EU reliant on Brussels
                        supportWorld grain stocks falling, EU stocks risingForward
                        wheat prices above interventionSoya bean stocks buildingVolatility in the market will
                        continue Anne Birgitte Lundholt believed: 
                      New players such as Brazil
                        would become a major forceVeterinary and food safety
                        issues will become increasingly importantAgriculture
                        is not something special, it is a business like any otherWe
                        have higher costs so we must produce something which
                        gives a higher priceFocus on efficiency and the entire
                        chainFight any kind of bad farming.  BPEX
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