Denmark-Meat trade becomes more competitive.

DENMARK-PORK COMPANY TAKES MORE MARKET SHARE.

Danish privately owned slaughter-house company Jutland Meat expects to obtain more meat suppliers whereas its rivals Danish Crown and Tican are losing more and more pigs that are sent to Germany for slaughter as the German prices paid to breeders are higher than in Denmark.

Jutland Meat expects to increase the number of pigs it slaughter a week to around 10,000 in 2009. In 2009/2010 the company expects to expand production by 30-40%. The company has currently 100 suppliers but expects to sign more contracts when the contract with Danish Crown expires at the end of the year.

Jutland Meat, is owned by Dutch Frans Stortelder, posted a net profit of DKK 6mn (EUR 805,436.87 USD 1.03mn) on a turnover of DKK 525mn in 2007/2008.