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EU Pig Prices: Quotations Increasing in the European Market

by 5m Editor
11 June 2013, at 7:46am

EU - Quotations for slaughter pigs are on the rise all over the European market.

After the slaughter pig price showed a tentative upward trend in many countries last week, German slaughter companies were upset by the price increase.

Both sunshine and warmer temperatures are now triggering the impulse needed in meat sales, thus causing the demand for live pigs to exceed the available supply.

The leading German quotation went up by 8 cents, signalling decisively for other European countries. Given this clear price increase (which is the highest recorded this calendar year), Germany takes the lead within the European price structure, now ranking third - ahead of Denmark and behind France.

Spain still remains at the top of the list, with its corrected price level of 1.792 euros per kg slaughter weight.

Ireland alone distances itself, giving an unchanged price.

Trend for the German market: The mood is predicted to be friendly on the German slaughter pig market. Since the marketeers pulled forward many batches last week, giving a price confirmation for the new quotation, the supply situation stays scarce. The weather situation is steady; the demand for live pigs remains unbroken on the part of the slaughter companies. Further price increases are expected to occur.

WeekDNLDKBFPLCZITESPAUTGBIR
Week 17 1.646 1.576 1.603 1.581 1.602 1.657 1.603 1.595 1.818 1.561 1.847 1.613
Week 18 1.586 1.519 1.603 1.532 1.564 1.617 1.633 1.595 1.809 1.499 1.878 1.613
Week 19 1.546 1.481 1.563 1.482 1.554 1.578 1.615 1.595 1.775 1.458 1.871 1.574
Week 20 1.546 1.481 1.563 1.482 1.565 1.570 1.594 1.595 1.754 1.458 1.891 1.574
Week 21 1.546 1.481 1.564 1.482 1.571 1.585 1.591 1.595 1.754 1.458 1.911 1.574
Week 22 1.546 1.481 1.563 1.482 1.578 1.599 1.616 1.595 1.754 1.458 1.886 1.574
Week 23 1.546 1.491 1.563 1.495 1.587 1.633 1.595 1.759 1.479 1.916 1.574
Week 24 1.626 1.566 1.590 1.569 1.649 1.627 1.792 1.561 1.944 1.574
Prices in Euros (€)



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)


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