EU Pig Prices: Brisk Demand from Slaughter Companies16 October 2013
EU - This week, the situation continues to be unsettled on the slaughter pig market.
A well-balanced market situation is reported on from many countries. So, price quotations have stayed constant in Germany, Denmark, Belgium, Austria and Ireland. Supply and demand are particularly steady in these countries.
The Netherlands alone has stepped out of the line of trend, setting a positive sign with its one cent price increase. Slaughter numbers are developing into another direction as is the case in Germany. In the latter country, 4.1 per cent fewer pigs were slaughtered over the first seven months of this year compared to the same period last year.
France and Spain have been exhibiting signs of weakness. Demand in the French market is weak. In addition to this, the situation in France appears to be quite tense after the closure of the French Gad abattoir located at Lampaul-Guimiliau, Brittany.
Trend for the German market: This week, the slaughter situation remains steady at the markets. Demand from slaughter companies appears to be particularly brisk. According to a market participant, more pigs than those on offer might be placed. Should demand continue to be brisk, very little will be left to oppose a price increase.
|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)