The UK pig industry has finally returned to a profit after 10 successive quarters of losses, according to figures published by AHDB.
During this time, the industry racked up debts estimated to be in excess of £750 million.
But AHDB figures show that in the second quarter of 2023, the average net margin was £22/head, up from a narrow loss of -£1/head in Q1.
During the second quarter of 2022, the average net margin was -£52/head.
The pig sector has faced unprecedented challenges over the last year, with rising costs and global labour shortages putting pressure on producers.