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EU Pig Prices: The Markets Are Balanced

26 July 2016
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EU - At the beginning of this new week of slaughter, the pig slaughter markets are well balanced throughout the EU.

For seasonal reasons, the quantities of pigs on offer remain below the annual average in all places. In addition, the slaughter weights are going down in the southern EU countries in particular. Yet, the quotations need to take a break in most countries.

The slaughter companies are complaining about substandard sales on the meat markets. Apart from in Germany, unchanged prices are also reported in Denmark, the Netherlands, Belgium, France and Austria.

While demand for pork could be more vivid throughout Europe, exports towards third countries are continuing to go well, as is stated in reports from the individual member countries.

From January to May 2016 the EU member countries were able to sell up 40 per cent more pork to third countries than they could in the same period last year.

China is the most important market in this context, receiving about 47 per cent of all sales to third countries. With the trading of side products remaining unchanged with China, the quantities of frozen pork could be increased to a considerable extent. Increasing quantities of high-quality parts are also exported towards Asia.

Trend for the German market: Selling the quantities of pigs for slaughter on offer is going on swiftly without trouble. From today’s point of view, the prices may be expected to remain unchanged at least.

ThePigSite News Desk

Top image via Shutterstock



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