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EU Pig Prices: Prices Continue to Increase

by 5m Editor
2 June 2010, at 5:26am

EU - Prospects on the slaughter pig market are optimistic again this week.

The prices in Denmark, Spain, Germany, Belgium, Austria and the Netherlands went up for the third time in a row. The French quotation alone remained on an unchanged level.

In both the Netherlands and Germany, the recent price increase is attributed to the good demand for pork. In Spain, the prices are said to have gone up because of brisk demand for pork with low quantities being on offer. Against the background of exports running well towards European and third countries, the Danish plus of 4 cents is much clearer than that of other countries. Thus, Denmark’s otherwise unusual price advantage escalated once again, compared with Germany and the Netherlands. The market situation isn’t quite as positive in Austria as it is in the other countries, yet Austria catches up with the positive trend throughout Europe.

Trend: No changes are currently expected to occur with regard to pigs-for-slaughter quantities. Above-average demand observed on the export markets for pork is suitable enough to relieve the European market. Therefore, the market situation is anticipated to remain strong over the next few days although there will be one day off in some German federal states as a result of the Corpus Christi Day.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
15 Week 1,266 € 1,251 € 1,258 € 1,218 € 1,238 € 1,236 € 1,344 € 1,291 € 1,379 € 1,280 € 1,557 € 1,147 € 1,214 €
16 Week 1,266 € 1,251 € 1,259 € 1,218 € 1,243 € 1,208 € 1,334 € 1,291 € 1,379 € 1,280 € 1,547 € 1,148 € 1,214 €
17 Week 1,306 € 1,299 € 1,286 € 1,267 € 1,297 € 1,194 € 1,321 € 1,291 € 1,404 € 1,310 € 1,576 € 1,160 € 1,214 €
18 Week 1,336 € 1,328 € 1,313 € 1,292 € 1,354 € 1,200 € 1,327 € 1,291 € 1,451 € 1,340 € 1,571 € 1,156 € 1,253 €
19 Week 1,336 € 1,328 € 1,353 € 1,292 € 1,330 € 1,202 € 1,358 € 1,291 € 1,498 € 1,340 € 1,586 € 1,165 € 1,253 €
20 Week 1,356 € 1,348 € 1,381 € 1,316 € 1,332 € 1,291 € 1,362 € 1,291 € 1,528 € 1,370 € 1,628 € 1,184 € 1,253 €
21 Week 1,396 € 1,386 € 1,407 € 1,353 € 1,383 € 1,275 € 1,291 € 1,569 € 1,400 € 1,632 € 1,161 € 1,291 €
22 Week 1,426 € 1,416 € 1,448 € 1,378 € 1,383 € 1,329 € 1,601 € 1,420 € 1,660 € 1,219 € 1,291 €


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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