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EU Pig Prices: Prices Increase Due to Low Supply

by 5m Editor
27 July 2010, at 10:08am

EU - The situation proves to be much friendlier on the slaughter pig market this week than it was last week.

The prices went up in the Netherlands, in Austria, Belgium and Germany. Apart from smaller numbers of pigs for slaughter being produced, slower growth as a result of the hot temperatures is seen as one of the reasons. These factors finally reached the pigs-mature-for-slaughter market. The corrected quotations remained steady in the other countries. France alone is an exemption, having its pig prices go down by a corrected two cents, against the trend.

This decline was caused by the pressure exerted by the slaughter companies in France and was very surprising a thing to happen for the farmers. The smaller batches reported on from Germany and the Netherlands make the slaughter companies need to pay higher purchase prices in order to have the requested quantities available and to have their slaughter hooks be used to full capacity. In Spain, the slaughter weights are going down again. Yet, prices there are not rising but keeping on an unchanged level. For the first time after five weeks, Germany was able to outdistance Denmark after a clear price increase.

Trend: The quantities of pigs mature for slaughter on offer continue to be limited. In case demand goes up for pork over the week, the prices may well increase again.


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