EU Pig Prices: Positive Atmosphere Throughout EU

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EU Pig Prices: Positive Atmosphere Throughout EU

31 July 2012

EU - The German slaughter pig business appears to have improved over the past week, after several unsettled weeks with slaughter companies setting their own prices because of the situation they have been in.

According to some dealers’ reports, insufficient quantities of pigs are available to satisfy the slaughter companies’ demand. Good demand for live pigs from Germany has also been seen in Poland.

There has been a clear increase in demand on the domestic and foreign markets for pork along with a scarcity of fattening pigs on offer.

The weather seems to have ebolstered the consumer barbecue trend. Prices have gone up for barbecue meat and in particular for products such as neck and smoked pork chop. Prices are also going up keeping pace with the German prices - in the Netherlands (+ 9 cents), in Belgium (+10 cents) and in Austria (+ 10 cents). The Danish market also remains positive, having prices increase of 3 cents and thus surpassing the French quotation (+/- 0). In Spain, the price remains high and steady.

Trend for the German market: Slaughter pigs are in continuous demand at the slaughter companies even at the new prices. Now, prices are expected to remain steady at least for the slaughter week to come.

Week	D	NL	DK	B	F	PL	CZ	IT	ESP	AUT	GB	SWE	IR
Week 23	1.626	1.570	1.656	1.606	1.617	1.624	1.695	1.500	1.804	1.540	1.793	1.051	1.497
Week 24	1.666	1.589	1.656	1.618	1.622	1.641	1.691	1.563	1.822	1.561	1.798	1.053	1.497
Week 25	1.576	1.532	1.656	1.569	1.639	1.667	1.671	1.633	1.822	1.499	1.801	1.071	1.497
Week 26	1.576	1.532	1.656	1.569	1.643	1.616	1.659	1.633	1.822	1.499	1.818	1.071	1.497
Week 27	1.576	1.532	1.655	1.581	1.690	1.675	1.666	1.734	1.822	1.499	1.789	1.078	1.517
Week 28	1.546	1.503	1.655	1.544	1.630	1.678	1.649	1.753	1.822	1.499	1.812	1.093	1.517
Week 29	1.546	1.494	1.655	1.544	1.665			1.848	1.822	1.499	1.832	1.104	1.517
Week 30	1.546	1.503	1.654	1.544	1.672		1.635	1.880	1.822	1.499	1.854	1.120	1.517
Week 31	1.646	1.589	1.681	1.643	1.675			1.949	1.822	1.581	1.868	1.114	-0.061
Prices in Euros (€)

Explanation
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)