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EU Pig Prices: Markets Are Stabilising – Dutch Quotation Going Up Slightly

11 March 2016
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EU - The European pig slaughter market is picking up courage again. Above all, the German quotation’s sideward movement tipped the scales to stabilise the market situation.

The quotations moved sideward altogether. The Dutch quotation was an exception, having hit the bottom already with its plus 2 cents.

Austria, for example, rather bets on clearly improving prices with the so-called big players on the European market.

France currently ranks first within the pricing structure of the five member countries most significant in pig keeping. Yet, this is not to be mistaken for careless production conditions. The French pig-keeping business still has to fight massively for competitiveness. The competitors’ price levels as well as the Spanish exporters’ massive pricing pressure quite bother the French.

Presently, the Cooperl slaughter companies’ employees are on strike for higher wages. Moreover, problems emerged last year around acceptance for the quotation at the Marché du Porc Breton. A majority of purchasers temporarily had failed to appear at the auction. Furthermore, fixing a politically intended minimum price had almost caused the quotation to teeter on the brink of collapse.

Trend for the German market:

The way is paved for relief. Since last week, the market has stabilised increasingly. The quantities of live pigs on offer are reducing, being well demanded. The marketers’ efforts concerning pigs got more and more noticeable at the beginning of the week. Larger quantities of meat are being sold on the market. From today’s point of view, the prices are thus expected to increase in a noticeable way which is said to be an adequate development.

ThePigSite News Desk

Top image via Shutterstock

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