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EU Pig Prices: Irritation, Unexpected Decline in Prices

by 5m Editor
3 June 2009, at 8:33am

EU - This week there is much irritation on the EU slaughter pig market as well as an unexpected decline in prices.

Acting as a role model, Denmark increased its quotation by a remarkable 3 cents. Since Thursday last week, German slaughter companies have been massively exerting pressure, saying the meat business is weak and thus achieving a 5-cents’ reduction of the consolidated price.

As a consequence, the Dutch and Belgian prices also went down. For the first time, the Dutch corrected quotation matches the German corrected price. Swathes of Europe escaped this development, getting at increasing or at least unchanged quotations. Great Britain and Sweden reported on unchanged quotations, but as a result of changes in the currency rates, the quotations proved to be higher or lower, respectively, than last week.

Trend: The further development of prices is an uncertain matter still on the pigs-mature-for-slaughter market. Large enough quantities of pigs mature for slaughter are available on the German market this week, as a result of the Whit Monday public holiday.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
15 Week 1,366 € 1,357 € 1,268 € 1,341 € 1,370 € 1,411 € 1,525 € 1,266 € 1,502 € 1,350 € 1,587 € 1,201 € 1,367 €
16 Week 1,366 € 1,357 € 1,295 € 1,341 € 1,371 € 1,447 € 1,511 € 1,316 € 1,502 € 1,350 € 1,596 € 1,192 € 1,367 €
17 Week 1,406 € 1,386 € 1,295 € 1,378 € 1,370 € 1,447 € 1,493 € 1,291 € 1,502 € 1,390 € 1,635 € 1,172 € 1,406 €
18 Week 1,406 € 1,396 € 1,322 € 1,378 € 1,371 € 1,380 € 1,518 € 1,228 € 1,502 € 1,390 € 1,608 € 1,218 € 1,406 €
19 Week 1,366 € 1,357 € 1,322 € 1,341 € 1,369 € 1,432 € 1,516 € 1,203 € 1,502 € 1,350 € 1,640 € 1,234 € 1,463 €
20 Week 1,366 € 1,357 € 1,322 € 1,341 € 1,361 € 1,394 € 1,501 € 1,203 € 1,464 € 1,350 € 1,641 € 1,256 € 1,482 €
21 Week 1,416 € 1,396 € 1,322 € 1,390 € 1,349 € 1,372 € 1,491 € 1,278 € 1,464 € 1,400 € 1,642 € 1,241 € 1,482 €
22 Week 1,466 € 1,445 € 1,322 € 1,427 € 1,367 € 1,448 € 1,278 € 1,490 € 1,450 € 1,661 € 1,260 € 1,501 €
23 Week 1,416 € 1,416 € 1,376 € 1,366 € 1,374 € 1,342 € 1,531 € 1,450 € 1,684 € 1,245 € 1,501 €


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)