In France alone, the price had to be corrected downwards by as much as 5 cents. The clear price gap between France and the other major pork-producing EU countries had made the French companies having to tackle reduced competitiveness.

Given the latest price adjustments, the French quotation exceeds the German price by 10 cents. In Belgium, the price went slightly down by -1 cent. Supply and demand are quite well balanced in Germany, Austria, the Netherlands, Italy and Denmark. So, no price changes are reported about from those countries.

The slaughter companies swiftly demand the supply, which is not too extensive. Currently, there is too little impetus for price increases coming from the meat trade. Compared with other parts, ham and cutlet are sold at too low a price at the moment.

Trend for the German market: As has been over the past weeks, demand for pigs mature for slaughter is exceptional at the beginning of this week. For this reason, the prices are expected to remain steady at least for the week ahead.

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)