Pork and bacon traders excited by the prospect of an eventual surge of cheap supply from the obsolete but restructuring pig industries of Eastern Europe were offered a sobering assessment in Tuesday's Financial Times, which focused on the Polish farm sector.
Highlighting problems of land tenure and low profitability due in part to local prices being squashed by subsidised EU exports, it quoted a German investor on the challenge of trying to build up a pig enterprise in Glowczyce: "To become a millionaire in Poland, you have to be a billionaire when you arrive."
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