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EU Pig Prices: Trend Unchanged Throughout Europe

by 5m Editor
14 April 2010, at 6:00am

EU - The most striking feature of this week’s slaughter pig market is that the trend is unchanged throughout Europe.

The price in Great Britain is the sole exception, going up by a corrected 4 cents. The Swedish quotation went up by 1 cent (corrected) as a result of exchange rate changes. All other quotations remained unchanged. The German pig price remains steady for the sixth time in a row. The French and Dutch unchanged prices are said to be the result of supply and demand being well balanced.

Compared with other European prices, the Danish quotation went up strongly over the past weeks and months. Thus, the Danish price even exceeded the Dutch price by as much as one cent these past three weeks. Some years ago, the relation between these two prices was quite different. The 2008 annual average, for instance, showed the Dutch price to exceed the Danish price by 7 cents; in 2009, it still was 5 cents.

Trend: Though large quantities of pigs for slaughter are still on offer, marketing is done smoothly. Continuous demand comes in from the slaughter companies, so there was no backlog over the Easter holidays. Hence, the prices are expected to remain unchanged at least over the next days.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
8 Week 1,326 € 1,309 € 1,232 € 1,267 € 1,315 € 1,265 € 1,300 € 1,430 € 1,506 € 1,330 € 1,502 € 1,165 € 1,214 €
9 Week 1,266 € 1,251 € 1,232 € 1,205 € 1,277 € 1,246 € 1,296 € 1,380 € 1,525 € 1,300 € 1,500 € 1,180 € 1,214 €
10 Week 1,266 € 1,251 € 1,232 € 1,205 € 1,269 € 1,246 € 1,319 € 1,380 € 1,514 € 1,300 € 1,483 € 1,139 € 1,214 €
11 Week 1,266 € 1,251 € 1,232 € 1,205 € 1,270 € 1,264 € 1,329 € 1,380 € 1,489 € 1,300 € 1,474 € 1,138 € 1,214 €
12 Week 1,266 € 1,251 € 1,232 € 1,205 € 1,269 € 1,243 € 1,336 € 1,380 € 1,430 € 1,280 € 1,507 € 1,124 € 1,214 €
13 Week 1,266 € 1,251 € 1,259 € 1,218 € 1,254 € 1,249 € 1,331 € 1,380 € 1,390 € 1,280 € 1,497 € 1,120 € 1,214 €
14 Week 1,266 € 1,251 € 1,258 € 1,218 € 1,235 € 1,257 € 0 1,304 € 1,379 € 1,280 € 1,524 € 1,143 € 1,214 €
15 Week 1,266 € 1,251 € 1,259 € 1,218 € 1,238 € 0 0 1,391 € 1,379 € 1,280 € 1,557 € 1,147 € 1,214 €


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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