EU Pig Prices: Stability in Slaughter Pig Markets26 March 2013
EU - At the beginning of this week, the European slaughter pig market still appeared to be quite settled.
There has not been much change in prices. The clear revival of demand failed to appear, which had been hoped for before Easter. Most of the quotations remain on the level.
The situation in Austria seems to have calmed down again after last week’s downward price correction. Yet, supply pressure is still present. However, with meat sales expected to be stimulated around Easter, a laco of change in prices seems to be justified.
The Spanish corrected quotation has also stayed the same.
Since Great Britain continues the past weeks’ price increase, the corrected British quotation now ranks first in Europe.
After prices went up clearly in France last week, the quotations have been corrected downward by 1.8 cents.
In Belgium, however, the atmosphere is a little friendlier, with the quotation going up slightly.
Trend for the German market: Prices are expected to remain unchanged until Easter, despite a positive market sentiment. Missing days of slaughter are currently averting price increases. If temperatures finally rise after Easter, first barbecues might be suitable to inspire pricing ideas again.
|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)