ThePigSite.com - news, features, articles and disease information for the swine industry

News

EU Pig Prices: Market is Gaining Momentum – Prices Increasing

03 September 2015
Go to schweine.net

EU - Despite inconsistent price trends, the European pig slaughter market seems to be gaining momentum step by step. That shows in the current slaughter week’s development.

By the latest 3 cents’ increase in quotation, Germany provides the decisive signal.

The Dutch are following with a corrected price increase of almost 4 cents. Belgium and Austria are also reporting positive trends.

Because of increasing demand for meat, the demand is also increasing for pigs for slaughter in those countries, at lower quantities of pigs for slaughter on offer at the same time.

Across borders, the market participants appear to feel relieved about the race seeming to be over as to the German discounted prices.

Meanwhile the annual autumn depression begins to show in the southern holiday regions. With the holidaymakers leaving, the consumption is reducing and so is the pig slaughter quotation in Spain.

In France, the situation continues to be difficult. Lacking competitiveness compared to neighbouring countries is said to be a reason. The French quotation remains unchanged for the most part.

Trend for the German market:

At the beginning of the week, the mood is optimistic. The quantities of pigs for slaughter on offer still are particularly low. So, the marketers will certainly find it difficult to meet the slaughter companies’ need.

Positive impulse is also given by the holidays ending and the month beginning. The latest results of the internet pig auction were also promising. All in all, from today’s point of view a moderate price increase seems to be expectable.

ThePigSite News Desk

Top image via Shutterstock



Share This

News By

Related News

More News

EU Pig Prices: Balanced Markets

News from European Union   29 September 2016

Poland Reports Further ASF

News from Poland   29 September 2016

Our Sponsors

Partners


Seasonal Picks

The Commuter Pig Keeper - 5m Books