EU Pig Prices: Quotations are Going Up – Positive Outlook

EU - The price barometer is now going up on the European pig slaughter market.
calendar icon 16 April 2015
clock icon 2 minute read

In many a country, price increases could be realised this week. The quotations went up in Germany, the Netherlands, Belgium, France and in Great Britain. They also rose slightly in Spain.

So far, the Austrian producers, however, have not been able to benefit from the overall positive mood. Backlog supply was a burden on the post-Easter situation.

Thus, the quotation remained unchanged, yet allowing positive prospects as to price trends the week ahead.

According to the AMI, requests for private storage of pork have only hesitantly been made so far within the EU. Until the beginning of April, capacities for near to 50,000 tons had been requested, about a quarter of which was for Spain.

Denmark and Poland are ranking second and third, Germany fourth. By comparison: requests amounting to more than 145,000 tons had been approved in 2011.

Trend for the German market:

The mood continues to be light on the pig slaughter market. High-quality parts as well as processed meat are demanded on the meat market.

Demand for barbecue meat has also been triggered. Correspondingly, demand is quite brisk on the slaughter companies’ side.

The quantities of live pigs on offer are sold swiftly. According to what the marketers report on, further batches can be sold. The price increase is expected to continue noticeably.

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