EU - The mood is getting steadier every day on the European pig slaughter market. Even friendly comments are heard.
Supply is still decreasing, being insufficient in part to meet the producer associations’ and marketers’ demand. This is also reflected on the European market.
Just like last week, the quotations are going up slightly in the Netherlands and Belgium, thus closing ranks with the corrected German price level.
The prices are kept constant in Germany and Denmark, while the situation stabilises in France.
According to reports from the Austrian VLV, the market is also well balanced in Austria. Positive effects are expected by the VLV from the visit of an Austrian delegation to Beijing.
The procedure that has been pending for several years now is said to have been brought to a positive end with regard to import permits for Austrian pork into China.
The mood is less optimistic in Spain. Mild temperatures make conditions more favourable for the pigs’ growth, so there are currently plenty of pigs for slaughter. On top of that, the Spanish pig production is growing.
Over the first half of 2014, 2.2 per cent more pigs were slaughtered in Spain than were over the same period the year before. All in all, the corrected Spanish quotation went down by as much as 50 cents over the past 16 weeks, believe it or not.
Trend for the German Market:
The mood is getting lighter on the pig slaughter market. The marketers are particularly willing to buy and batches of pigs for slaughter can be placed well. A price increase is getting into grasp.