EU Pig Prices: Stability on a Low Level

EU - The prices finally seem to have bottomed out on the European slaughter pig market.
calendar icon 20 January 2009
clock icon 3 minute read

From the producers’ point of view, the quotations tend sideways for the most part at last, stabilising on a low level this week. Germany, the Netherlands, Belgium, France and Ireland are partaking in the new stability.

In Spain and Denmark, the prices give ground another time. As a result, changes are observed in the European price structure: Spain gives up the number-one rank for the benefit of Germany; Denmark again ranks last among those six countries which are richest in pigs. For monetary reasons, the prices are being appreciated in Great Britain and Sweden.

Trend: With the supply swinging back, prices are expected to remain unchanged at least. Improving domestic demand may give further positive impulse.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
49 Week 1,476 € 1,425 € 1,348 € 1,403 € 1,341 € 1,477 € 1,496 € 1,576 € 1,382 € 1,450 € 1,493 € 1,378 € 1,406 €
50 Week 1,476 € 1,425 € 1,322 € 1,403 € 1,348 € 1,490 € 1,504 € 1,494 € 1,382 € 1,450 € 1,430 € 1,314 € 1,406 €
51 Week 1,416 € 1,367 € 1,322 € 1,341 € 1,351 € 1,411 € 1,401 € 1,494 € 1,382 € 1,410 € 1,399 € 1,238 € 1,406 €
52 Week 1,356 € 1,328 € 1,295 € 1,279 € 1,330 € 1,410 € 1,492 € 1,494 € 1,382 € 1,350 € 1,344 € 1,132 € 1,406 €
1 Week 1,356 € 1,328 € 1,295 € 1,279 € 1,274 € 1,429 € 1,489 € 1,418 € 1,382 € 1,350 € 1,315 € 1,093 € 1,406 €
2 Week 1,356 € 1,328 € 1,268 € 1,279 € 1,253 € 1,397 € 1,446 € 1,418 € 1,363 € 1,350 € 1,395 € 1,133 € 1,329 €
3 Week 1,306 € 1,289 € 1,267 € 1,255 € 1,250 € 1,425 € 1,494 € 1,316 € 1,300 € 1,464 € 1,147 € 1,329 €
4 Week 1,306 € 1,289 € 1,240 € 1,255 € 1,250 € 1,481 € 1,284 € 1,300 € 1,473 € 1,175 € 1,329 €


Explanation
1corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
base: 56 per cent lean-meat-percentage; farm-gate-price; 79 per cent killing-out-percentage, without value-added-tax (VAT)

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