EU Pig Prices: Market Tends Towards Weakness20 November 2012
EU - This week, the European pig slaughter market tends towards weakness, starting from Germany.
There, the slaughter companies increased pressure towards the weekend.
While the quotations are moving sideways in Germany, Denmark, Austria and Great Britain, the prices in the Netherlands and Belgium went slightly down.
In Spain, the consequences of the general strike on the 14 November are still being fought with. With the climate being good at present, the Spanish pigs for slaughter are growing well every day, so that the price is still going down for seasonal reasons.
Yet, Spain continues to rank first among the five major pig-keeping EU member countries in the European price structure.
The French quotation, however, goes up by a corrected 3.3 cents contrary to trends, being optimistic for the price development until the end of the year.
Trend for the German market: At the beginning of the new week of slaughter, the pigs-mature-for-slaughter market is well supplied. The quantities of pigs mature for slaughter on offer are quite extensive. In view of the pressure exerted by the slaughter companies, the further development of prices cannot be forecasted.
|Week 42 strong>||1.846||1.781||1.825||1.840||1.834||1.882||1.890||2.190||1.949||1.786||1.944||1.671|
|Prices in Euros (€)|