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EU Pig Prices: Countries Report Mostly Steady Price Developments

05 July 2017
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EU - Yet another week passes by and the European slaughter pig market appears to be overall balanced. The majority of quotations continue to remain constant.

Reports of unchanged prices have been reported from Germany as well as from Denmark, Belgium, France, Austria, and Great Britain. The other countries have also managed to hold quantities of live animals on offer on a quiet meat market. Both domestic markets and export businesses remain mostly stagnant, thereby causing a steady situation.

Southern Europe is still benefiting from the holiday-makers’ appetite for meat. At the same time, the weather continues to be very hot down South, which explains why fattening pigs are slower in growth. As a result, the Spanish quotation has been able to still increase slightly.

In the Netherlands, the quotation was reduced by 2 cents on Friday. The quantities on offer are said to be taken up by the market. However, in view of the weak meat market, the pressure is said to have reportedly increased.

Trend for the German market:

The domestic slaughter pig market was mostly balanced at the start of the week. According to pig feeders, all batches could be placed on the market. From today’s point of view, the price is expected to remain on the level achieved.

(Source: ISN - Interessengemeinschaft der Schweinehalter Deutschlands)

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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