EU - This current week of slaughter, the European pig slaughter market appears inconsistent altogether. While many quotations remain steady in central Europe, some countries notify weaker prices.
The market situation is well balanced in Germany, the Netherlands and in Denmark. Trouble-free selling of the quantities on offer is the result of brisk demand in these countries.
The prices are reported to go down in the southern countries, amongst others.
On top of the seasonal downswing, the Spanish have to cope with a public holiday as well as with technical problems occurring at one of their major slaughterhouses.
Price pressure and a moderate price decrease are reported on from Belgium.
In Austria, the fall in prices is also continuing. The large quantities on offer of live pigs together with increased slaughter weights are a reason just as much as is the foresight of the national holiday to be celebrated on 26 October.
Furthermore, the Austrian quotation had considerably exceeded the German prices over the past weeks in part. It has happened only last week that the corrected Austrian quotation went below the corrected German price again.
The situation has grown more acute in France. Meanwhile, more slaughter companies have left the Plérin auction than customers have. So the quotation has been suspended for the time being.
Discounted prices considerably undercutting the price level observed most recently are a daily occurrence now. A solution to the problem is not yet in sight.
Trend for the German market:
The situation is completely steady and unagitated on the German pig slaughter market. Demand remains extensive on the part of the slaughter companies. So, the market is said to be cleared smoothly despite the large quantities on offer. From today’s point of view, the market trend is expected to remain as it is.
ThePigSite News Desk
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