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EU Pig Prices: Trend of Inconsistency Across Europe

by 5m Editor
12 January 2010, at 11:48am

EU - This week, market prices for slaughter pigs show no consistent trends.

While the price went down in Sweden, the Dutch and Great British quotations went up. The quotations in Spain, Germany, Denmark, Belgium and Austria remained on an unchanged level.

The Swedish price decrease makes Sweden play the role of the new taillight in Europe. In the Netherlands, the quotation went up to reach the pre-Christmas level again. In week 51/2009 still, the Dutch price had fallen by three cents. The German quotation, however, remained unchanged, so the difference has reduced now. In Germany, the unchanged pig price is mostly attributed to the winter weather conditions as well as to the of the pig feeders' slightly reduced readiness for release related to it. Furthermore, with the road conditions being difficult at the time being, pig transport is more difficult.

Trend

This week, the situation of supply and demand is expected to remain well-balanced. Thus, the prices continue to be anticipated to remain steady.