EU Pig Prices: Slight Price Increases in the South11 December 2013
EU - This week, the European slaughter pig market is clearly divided.
While noticeable pressure is exerted on the quotations in northern Europe, the southern quotations are much firmer. Both France and Spain have recorded slight price increases.
The leading German quotation is setting the tone yet again. According to many market participants, a sudden turn away from the friendly atmosphere occurred over the past week.
With a view to the coming public holidays, producers have recorded a growing numbers of pigs for slaughter and the market is getting filled up.
Last week’s price increase could not be maintained. The German quotation went down by a considerable 6 cents last Friday (6 December), dragging under both the Netherlands and Belgium.
The Austrian quotation went down a little less with its corrected 1.4 cents. According to Johann Schlederer’s, an Austrian market expert, the price decrease must be attributed to the German development.
The Danes, too, adjusted their slaughter pig quotation downwards by as much as it went up last week.
Trend for the German market: The slaughter pig market appears to be gloomy on the slaughter pig market at the start of this week. Sufficient quantities of pigs for slaughter are on offer. Therefore, producers need to get in touch with their marketers in order to schedule the earliest possible date of delivery.
|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)