EU Pig Prices: Increasing Demand for Meat Quickens Pig Prices

EU - This week, the atmosphere on the slaughter pig market appears to be exceptionally friendly.
calendar icon 16 July 2013
clock icon 3 minute read

The summer weather has quickened the barbecue season as well as consumers’ demand for meat throughout Europe.

Along with it comes the fact that the quantities of slaughter pigs are declining in almost all countries.

The most considerable price increase so far has been reported by pig keepers from Germany, Belgium and the Netherlands. Prices have risen by 6 cents.

Austria and France have also reported price rises by a converted 5 cents.

Pig prices in Spain have not gone, yet quotations are expected to follow an upward trend. The daily growth of pigs is lessened by hot temperatures, squeezing the quantities on offer. At the same time, peak season is imminent in tourist regions.

Trend for the German market: Even at the beginning of the new week, the demand for slaughter pigs is exceptionally good. It is impossible for slaughter companies’ demand to always be covered. In case there are no changes in the current market situation, prices are quite likely to increase.

WeekDNLDKBFPLCZITESPAUTGBIR
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 1.626 1.633 1.595 1.759 1.479 1.916 1.574
Week 24 1.626 1.566 1.590 1.569 1.649 1.676 1.639 1.627 1.792 1.561 1.944 1.574
Week 25 1.666 1.604 1.643 1.618 1.729 1.716 1.651 1.722 1.873 1.612 1.967 1.594
Week 26 1.666 1.604 1.643 1.618 1.729 1.695 1.657 1.722 1.873 1.612 1.967 1.594
Week 27 1.646 1.557 1.643 1.618 1.737 1.690 1.694 1.722 1.885 1.612 1.953 1.594
Week 28 1.626 1.566 1.643 1.593 1.708 1.704 1.848 1.885 1.612 1.923 1.594
Week 29 1.686 1.623 1.643 1.655 1.760 1.924 1.892 1.663 1.929 1.594
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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