EU Pig Prices: Supplies Tighten

EU - The EU slaughter pig market is starting to tighten. Pigs are in shorter supply than previous weeks and prices are now reflecting this.
calendar icon 29 April 2008
clock icon 2 minute read
Spain and France were no been able to maintain last week’s achievements and the Danish quotation was observed to completely undo the previous week’s price decline, reports

The most considerable price increase for slaughter progeny was reported from Germany, closely followed the Netherlands. The German quotation clearly outdistanced the French one and the price gap between Germany and Spain, as the leader, went gone down to a corrected six cents. The Austrians report sufficient supplies and exports toward Switzerland to be sustained - even increased.

Large quantities of meat are being put in storage in Switzerland in preparation for the UEFA 2008 European Football Championships, being held in June.

COPA (farmers’ union in the EU Commission) has requested that producer prices be increased for pork by EUR 0.50 at least. The situation proves to be disastrous for the pig keepers with dramatically increased feeding-stuff prices and energy costs in Denmark, which have already caused the Danish pig stock to go down by about 10 percent.

Trend: Most of the EU member countries will miss a day of slaughter due to the Labour Day public holiday this week. The Dutch even need to tackle two days. Nevertheless, the conditions are expected to remain steady at least as a result of supply going down.

View the story by clicking here.
© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.