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EU Pig Prices: Quotations Range from Unchanged to Moderate Increase

23 June 2017
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EU - This week, the European slaughter pig market shows unchanged to slightly positive price developments throughout the EU member countries.

The summer heat has gradually started to impact the southern countries. Over the coming weeks, this is expected to have an effect on the quantities of pigs for slaughter on offer.

It is noteworthy that the prices have slightly gone up in the Netherlands, while Germany's leading quotation remains constant. In the Netherlands, slaughter companies' buying interest is high.

The Spanish seasonal price increase is continuing. Thus, with its price level of a corrected €1.86, the country maintains its top rank in the European pricing structure among the five EU member countries most significant in pig-keeping.

The Dutch quotation was able to surpass the Danish quotation and now ranks third. The German, Danish, French, Belgian and Austrian quotations remain unchanged.

Trend for the German market:

The domestic live animals market is currently characterised by ongoing buying interest. According to marketers, the quantity of slaughter pigs on offer is sufficient to match demand. Altogether, the market situation is expected to remain unchanged at the very least.

(Source: ISN - Interessengemeinschaft der Schweinehalter Deutschlands)

Explanation
1) corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
2) These quotations are based on the correction formulas applied since 01.08.2010.
base: 57 per cent lean-meat-percentage; farm-gate-price; 79 per cent killing-out-percentage, without value-added-tax

ThePigSite News Desk

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