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EU Pig Prices: Vivid Demand for Pigs – Quotations are Going Up

24 November 2016
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EU - This current week of slaughter, the trends are noted to be partly friendly and partly steady at least on the European pig slaughter market.

The market appears to go on rising market in Germany, where the mood went up considerably most recently. Pigs for slaughter are much sought for. So, the leading German quotation was able to go up by as much as 2 cents.

In the Netherlands as well as in Denmark, Belgium, and Austria the quotations also went up to a similar extent for pigs for slaughter.

In consequence of the latest price increase, Denmark with its corrected price level of 1.53 euros now takes the lead in the price ranking of the five EU member countries most important in pig keeping.

The Spanish quotation, which had been top of the list until most recently, was now relegated to the second place. For seasonal reasons, tourism in Spain is weak and so are the prices.

Unchanged quotations are also reported on from France and Ireland.

Trend for the German market:

The mood continues to be friendly on the domestic pig slaughter market at the beginning of the week.

Demand remains on a high level. So, the batches for slaughter are marketed both rapidly and without trouble. In some places, demand is not completely met. In view of the good demand and of last week’s slow price increase, there still is pent-up demand related to the price level. There still is room for more.

 

ThePigSite News Desk

Top image via Shutterstock



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