EU Pig Prices: Market Back in Equilibrium
EU - The European slaughter pig market has stabilised in the new week and has hence, found its way back into equilibrium.
30 September 2008
3 minute read
Germany, the Netherlands, Austria and Belgium determine all together unchanged quotations. In Great Britain, the weakness of the GB Pound has led to depreciation. In Spain the seasonal weakness continues to continue. Also, Denmark's and France's prices cannot maintain ground as yet.
The offer on mature pigs is declining with high reduction of the battle enterprises. For the further stabilization of prices, the situation is favorable in Eastern Europe. While the pig producers in Western Europe saw themselves suspended in last weeks weak quotations, Czech Republic's further price increases could be interspersed. Poland's inventory decreases seem to bear fruit.
Trend: The slaughter pig market is being balanced for the time, so that from stable prices is to be proceeded. It is presumed that the missing battle day on 3 October has no negative influence.
| Week | ESP | D | NL | DK | F | B | PL | CZ | IT | AUT | GB | SWE | IR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33 KW | 1,733 € | 1,746 € | 1,697 € | 1,495 € | 1,619 € | 1,650 € | 1,756 € | 1,763 € | 1,797 € | 1,730 € | 1,707 € | 1,568 € | 1,654 € |
| 34 KW | 1,733 € | 1,746 € | 1,697 € | 1,522 € | 1,618 € | 1,662 € | 1,775 € | 1,751 € | 1,797 € | 1,730 € | 1,669 € | 1,575 € | 1,654 € |
| 35 KW | 1,733 € | 1,746 € | 1,697 € | 1,522 € | 1,620 € | 1,650 € | 1,725 € | 1,790 € | 1,797 € | 1,730 € | 1,657 € | 1,571 € | 1,692 € |
| 36 KW | 1,733 € | 1,776 € | 1,726 € | 1,522 € | 1,621 € | 1,674 € | 1,713 € | 1,778 € | 1,797 € | 1,760 € | 1,639 € | 1,561 € | 1,654 € |
| 37 KW | 1,733 € | 1,746 € | 1,706 € | 1,550 € | 1,612 € | 1,650 € | 1,779 € | 1,798 € | 1,886 € | 1,730 € | 1,631 € | 1,580 € | 1,654 € |
| 38 KW | 1,670 € | 1,686 € | 1,658 € | 1,549 € | 1,597 € | 1,600 € | 1,847 € | 1,846 € | 1,943 € | 1,680 € | 1,657 € | 1,574 € | 1,654 € |
| 39 KW | 1,626 € | 1,646 € | 1,629 € | 1,522 € | 1,568 € | 1,575 € | 1,771 € | 0 | 1,918 € | 1,660 € | 1,676 € | 1,570 € | 1,654 € |
| 40 KW | 1,585 € | 1,646 € | 1,629 € | 1,495 € | 1,560 € | 1,575 € | 0 | 0 | 1,880 € | 1,660 € | 1,660 € | 1,520 € | 1,616 € |
Corrected Quotations - 2008
Corrected Quotations - 2007/08
Explanation
1 corrected quotations: The official quotations of the individual states are by corrections on a common reference basis
Reference basis: 56% MFA; off yard; 79% robbing, no VAT
