During the auction at Plerin, the French price managed to go up slightly most recently by + 0.4 cents. The French are optimistic that demand will im prove again after the Easter holidays and that price increases can be realised.

No change in prices is being reported from Spain - the seventh week in a row. The Spanish markets are said to be still balanced.

Over the past week, several slaughter companies in Germany had tried to build up even more pressure on the quotation. Altogether, the quantities of pigs for slaughter on offer are still far behind the previous year’s figures. Because of this, all slaughter companies are accepting prices will remain unchanged.

The situation in Austria, the Netherlands and Belgium is similar to the situation in Germany. Here as well, no price changes were observed.

The producers in Great Britain will be pleased with increasing revenues. Prices went up considerably over the past weeks, seeing Great Britain now leading the European ranking list with a converted €1.75 per kg slaughter weight.

Trend for the German market: At the beginning of the week, the mood has brightened very much again. Demand for slaughter pigs continues to be very good. However, there is no backlog in supply left after the Easter holidays. Prices are expected to be steady or slightly to increase 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)