This week, there are only few exemptions to an altogether steady situation on the European slaughter pig markets. The French and Danish quotations, unchanged last week, fell. The Spanish quotation has been revised downward by four cents. In Sweden and Great Britain, exchange rate changes are once again the reason for the corrected quotations to change once again.

As a result of the end of the holiday season, demand was expected to become brisk again in Great Britain. Prices there were reckoned to increase again but against expectations, the prices did not rise. In Spain, the latest decrease of quotations is said to be the result of large quantities of pigs mature for slaughter being on offer. The constant prices reported from the Netherlands are stated to be the consequence of usual quantities on offer and of sufficient pork being available for sales.

Trend: The extensive supply of pigs for slaughter can be placed on the market easily at present. Pork sales to food retailers correspond to supply so the pig prices are anticipated to remain unchanged.

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; farm-gate-price; 79 per cent killing out percentage, without value-added-tax (VAT)