EU Pig Prices: Austria and Germany Lead Market

EU - Throughout Europe, there seems to be a boost in the slaughter markets.
calendar icon 3 June 2008
clock icon 2 minute read

Slaughter pig prices have been boosted particularly in Germany and Austria. The reason for Germany's development? Low level pig supply. The same goes for Austria, having taken on the pole position as a result of UEFA being ahead. Another reason would be the rise in demand as part of what could rightly be known as "sportive entertainment", reports

Spain's producers are somewhat happy, seeing as to how they have realised a clear six cents' plus. However, they were not able to extend the leap they made last year and are now behind Germany again.

Among the new member countries, the pig market crisis is evident; due to the fall in livestock, a greater number of live pig imports is expected. Poland, Hungary and the Czech Republic (to a certain degree) is keen to ensure that demand continues to be favorable.

Trend: Prices are expected to be good throughout the EU. The slaughter pig supply is still low, perhaps even becoming more inadequate because of the reduction in the animals' feed consumption due to the heat.

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