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EU Pig Prices: Stability All Over Europe

by 5m Editor
23 June 2010, at 5:31am

EU - This week, the European slaughter pig market is characterised by stable price trends.

The French and Spanish quotations could achieve slight increases of 0.5 and 1 cent respectively. The quotation remained unchanged in Great Britain, yet as a result of exchange rate changes between euro and pound Sterling it went down by 1 cent. Contrary to the trend, the Dutch quotation fell by 2 cents.

In Spain, the price was observed to rise as a result of increasing demand (beginning holiday season) and of limited supply. The French are still missing the decisive push for giving the price more impetus. VION in Germany named an internal price of minus 2 cents related to the consolidated price. This was followed by the Dutch quotation which went down by 2 cents. With the weather continuing to be bad and with losses in margins connected with this, the prices in the other countries remain unchanged.

Trend: With regard to pigs mature for slaughter, the supply-demand situation is well balanced presently, so the prices are expected to remain stable this week.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
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 € 1,385 € 1,291 € 1,569 € 1,400 € 1,632 € 1,161 € 1,291 €
22 Week 1,426 € 1,416 € 1,448 € 1,378 € 1,383 € 1,392 € 1,432 € 1,329 € 1,601 € 1,420 € 1,660 € 1,219 € 1,291 €
23 Week 1,456 € 1,454 € 1,448 € 1,415 € 1,417 € 1,378 € 1,451 € 1,642 € 1,450 € 1,727 € 1,233 € 1,329 €
24 Week 1,506 € 1,503 € 1,475 € 1,440 € 1,417 € 1,445 € 1,392 € 1,668 € 1,510 € 1,740 € 1,229 € 1,329 €
25 Week 1,506 € 1,483 € 1,475 € 1,440 € 1,422 € 1,430 € 1,684 € 1,510 € 1,727 € 1,232 € 1,329 €


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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