EU Pig Prices: No Movement in European Slaughter Market28 May 2013
EU - At the beginning of the new week of slaughter, there was no news from the European slaughter pig market.
The market appears to be well-balanced and steady. The prices remain constant altogether.
The other European countries seem to be waiting for an impulse to be given from Germany which might herald a seasonal increase of prices.
A cautious signal has been repeatedly reported to be observed in France, where the quotation went up by a slight 0.7 cents.
Apart from that, the cool and wet weather which is currently prevalent all over Europe upsets the producers’ plans.
Still, there is little stimulus on the meat market from barbecue meat sales, while meat exports are going unsatisfactorily.
Trend for the German market: The slaughter pig market is expected to be balanced next week. Demand on the part of slaughter companies is good. As a result, no negative effects are expected to result from the missing day of slaughter next Thursday, which will be a public holiday (Feast of Corpus Christi) in several German states. Positive impetus related to domestic demand has been promised to emerge through warmer temperatures on the weekend as well as to the beginning of next month. To top it off, marketeers have observed improved demand for live pigs from Italy and Poland.
|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)