EU Pig Prices: Friendly Atmosphere in EU Markets22 May 2012
EU - The atmosphere has brightened a lot in the European slaughter markets.
The clearest price increase was noted in Germany with + 5 cents. Here, the demand for barbecue meat has become more vivid on the one hand; on the other hand the quantities on offer have reduced considerably compared with last weeks’ figures. Under the pressure of the German prices, the quotations also went up in the Netherlands (+5 cents), in Belgium (+3 cents) and in Austria (+3 cents).
After 11 weeks of a standstill in prices, a price increase could finally be enforced in Spain. There, the quotation went up by 2 cents. The French pig feeders are still waiting for the market to be stimulated again. It is true that the price there went up by +1 cent, but still the French producer prices continue to be far lower than the prices in the European neighbouring countries.
No price changes have been reported from Denmark so far, but even there the demand is said to be livelier again. In addition, exports towards third countries are on a good level still. So, possible price increases must not be ruled out to occur in Denmark next week.
Trend for the German market: The quantities of pigs for slaughter on offer still do not always cover demand. In view of the good weather forecast, good meat business may be hoped for over Pentecost. So, the slaughter companies go on demanding pigs. Steady to increasing prices are expected to be the result of that.
|Prices in Euros (€)|
1corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
base: 56 per cent lean meat; farm-gate-price; 79 per cent killing out percentage, without value-added-tax (VAT)