EU - This week, the European pig slaughter market appears to be inconsistent with only a small price fluctuation.
Whilst the quotations are showing an unchanged to slightly increasing price level in central and northern Europe, the quotations are in the red in the South.The two previous years, the price level was a lot higher on the growing market at the same time of the year.
Optimism was reported from Germany this week, where the quotation went up by two cents. The prices were basically stimulated from North Rhine-Westphalia, where the meat business was slightly revived as a result of the end of the holidays. As a consequence, the Dutch and Belgian price corrections made last week were taken back, following Germany’s positive trend.
With good average quantities on offer, Austria did not follow the German leading quotations. The Danish quotation also remained unmoved. The Spanish and French, however, had to record slight price decreases. Spain remains unchallenged at the top of the European price structure of the five major pig-keeping EU member countries, while France now is almost level with Germany.
Trend For The German Market:
The mood is good, the situation on the pig slaughter market proves to be balanced altogether. The quantities on offer are promptly and almost completely absorbed by the slaughter companies.
Yet the slaughter companies complain about a lack of sources of inspiration on the domestic market as well as in export. From today’s point of view, the prices are expected to remain unchanged over the week.