EU Pig Prices: Quotations Abroad Going Up Slightly04 June 2013
EU - At the beginning of the new week of slaughter, the European slaughter pig market is cautiously heralding the long-awaited price increase.
In Spain as well as in France, Belgium, the Netherlands, Austria and Great Britain, quotations are going up slightly.
In Germany, the processing industry prevents the due price increase by threatening to charge so-called discounted prices.
Although the Dutch quotation generally follows the German quotation, the price in the Netherlands went up by 1 cent.
For Austria’s producers, the price increase appears much clearer, going up by a corrected 2.1 cents despite last week’s public holiday (Feast of Corpus Christi). Substandard quantities of pigs mature for slaughter on offer has been cited as the main reason.
Apart from Germany, unchanged prices were only recorded in Denmark and Ireland.
Trend for the German market: According to what the marketeers, the quantities of live pigs on offer in Germany are still declining. After increase in neighbouring countries’ quotations, German slaughter companies will no longer be able to close themselves off against the positive trend.
|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)