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EU Pig Prices: Quotations Still Stable; Uncertainty Increasing

13 September 2017
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EU - This week, the European slaughter pig market is being shaped by primarily unchanged quotations. Apart from Germany, quotations are also developing in an unchanged way in the Netherlands, Denmark, Belgium and Austria.

For seasonal reasons, the quantities of live pigs on offer are increasing gradually and as expected, has been heard of by cross-border market participants. At the same time, demand on EU member countries’ meat markets is remaining unstimulated.

Altogether, the quantities of live pigs on offer can still be absorbed by the market. So, slaughter pig prices could be maintained in most countries.

Quotations are continuing to go down in Spain and France. Despite the decrease in quotation, the Spanish continue leading the European price structure among the five EU member countries most significant in pig keeping.

After the latest drop in prices, France is now ranking just behind the Netherlands, bearing the red light on pig prices.

Trend for the German market:

On the domestic slaughter pig market, marketers are meanwhile reporting noticeably increasing quantities of pigs mature for slaughter. So, for instance, placing the batches on offer on the market quickly and in a timely manner is not possible in all cases. As for price development, uncertainty is increasing.

(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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