From most of the European countries, record numbers of pigs mature for slaughter are being reported. The meat market sufficiently receptive, the quantities on offer are being placed easily. Therefore, the prices are moving sideways in Austria, Belgium, France, Denmark, the Netherlands and Germany.

In Spain, the pig price boomed again, which is said to be a result of increased slaughter activities at the slaughter companies. Thus, demand exceeds supply of pigs mature for slaughter. Yet, no price increase can be enforced on the Spanish meat market. Quotations remained unchanged in Sweden and Great Britain, but as a result of exchange rate changes, the prices went down a little.

Trend: Although it’s the beginning of the Christmas season now, the still extensive quantities of pigs for slaughter are being easily taken up by the marketers. Therefore, the pig prices are expected to remain steady the week ahead.

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)