EU Pig Prices: Price Stability Due to Upward Trend

EU - This week, due to a balance in demand-and-supply, stability in prices is expected.
calendar icon 2 September 2008
clock icon 3 minute read

The corrected quotations in Europe at present are somewhat different. In some countries, for instance in Belgium, the Netherlands and Germany, price increases could be implemented from a corrected 2 to 3 cents.

Other countries, however, see unchanged prices (namely Denmark and Spain). Even price reductions of corrected 5 cents from Poland has been announced.

After the recovery of its domestic business, prices rose in the German market to corrected 1.78 EUR/kg SG. Likewise, the Netherlands price was corrected to 3 cents. The French and Belgian prices could register easy price increases. For the sixth time in a row, as mentioned earlier, there have been no changes for the Spaniards.

Trend: After the rise of pig prices last Friday, this week hopes to see stability in the European markets. The offered pigs are briskly decreasing from the inquiring side.

Week ESP D NL DK F B PL CZ IT AUT GB SWE IR
29 KW 1,689 € 1,716 € 1,658 € 1,441 € 1,615 € 1,625 € 1,827 € 1,781 € 1,570 € 1,710 € 1,679 € 1,485 € 1,578 €
30 KW 1,727 € 1,716 € 1,668 € 1,468 € 1,620 € 1,650 € 1,870 € 1,751 € 1,601 € 1,710 € 1,688 € 1,522 € 1,578 €
31 KW 1,733 € 1,746 € 1,697 € 1,468 € 1,620 € 1,662 € 1,840 € 1,754 € 1,715 € 1,710 € 1,697 € 1,536 € 1,616 €
35 KW 1,733 € 1,746 € 1,697 € 1,495 € 1,620 € 1,662 € 1,826 € 1,743 € 1,797 € 1,730 € 1,699 € 1,560 € 1,616 €
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 € 1,797 € 1,730 € 1,657 € 1,571 € 1,692 €
36 KW 1,733 € 1,776 € 1,726 € 1,522 € 1,621 € 1,674 € 1,797 € 1,760 € 1,639 € 1,561 € 1,654 €


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

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