Prices bite into piggeries
Tough times in the Australian pork industry have claimed WA’s third-biggest piggery GD Pork, which last week went into administration.
Although the Danish-backed GD Pork, run by Torben Soerensen, was at the centre of recent charges for illegally importing pig semen, it is understood the company’s collapse was a result of critically low prices across the pork industry.
GD Pork, formed by Mr Soerensen and a group of Danish inves- tors in 2007, was running 2500 sows in piggeries at West Pinjarra, Kojonup and Kemerton, producing about 5 per cent of the State’s pork.
WA Pork Producers Association president Dawson Bradford said he did not know the cause of GD Pork’s collapse and would not comment.
But he said many pork producers were finding it difficult and were running at a loss amid the oversupply, while rising grain prices had increased production costs.