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EU Pig Prices: Quantity of Live Animals on Offer Decreasing in South

30 June 2017
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EU - This current week, the slaughter pig market appears to be overall balanced. Apart from the Spanish quotation, all EU member countries’ quotations have remained constant.

Spain is seeing the seasonal price increase going on, with the quotation going up slightly by a corrected 1.6 cents. Thus, the country's number 1 ranking remains uncontested in the European price structure relating to the five member countries most significant in pig keeping.

Altogether, the heat-wave currently striking southern Europe is causing the quantities of slaughter pigs to decrease, while the holidaymakers are boosting consumption of pork in the southernmost regions.

The quantities of live pigs on offer are also reportedly on a manageable level in central and northern Europe. This leaves the rather quiet market being balanced with the demand.

Trend for the German market:

Compared to what happened over the weekend, the situation has not changed on the domestic market. Demand for pigs mature for slaughter continues to be brisk and unbroken.

The quantities of live pigs on offer have not changed much as well; these too remain manageable. So, the further development of prices may be expected to remain steady at 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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