EU Pig Prices: Period of Consolidation – Demand Continues to be Good03 September 2013
EU - Currently, the European pig slaughter market is running through a period of consolidation.
In the majority of the EU member countries, the quotations interrupted the price increase, pausing a while. The German, Dutch, Belgian, Danish, Austrian and Irish quotations stabilised on the existing price level.
France clearly stands out from the European environment. On Thursday, the French quotation went up noticeably by a corrected 5 cents’ plus. Thus, France ranks second among the five largest pig keeping EU countries, right behind the front runner, Spain.
In Spain, the prices continue to go up, having exceeded the 2-euros’ limit for the first time since the European ISN price comparison has been started. Apart from that, the British producers were lucky to face an increase of pig prices.
Trend for the German market:
The quantities of pigs are slightly more extensive now than they have been over the past weeks. At the same time, the slaughter companies keep demanding well. In view of the balanced market situation, the prices are expected to remain unchanged.
|Prices in Euros (€)|