EU Pig Prices: Stable Price Level - Waiting for Increase

EU - This week, the European pig slaughter market tends to appear in a steady to friendly way.
calendar icon 3 June 2015
clock icon 3 minute read

Supply and demand are basically balanced. Yet, the producers remain generally displeased about the current price level as to this time of year.

Furthermore, optimism prevails which so far, however, has not sufficed to make prices go up clearly.

The majority of the EU member countries’ quotations moved sideward again this week. The supply situation being satisfactory, leeway is missing in most of the countries as to pricing.

The situation is slightly more positive in the southern countries. Moderate price increases are reported on from Spain and France, naming a corrected plus 1.7 and 1.4 cents respectively.

Nonetheless, a seasonal high of prices is also still being waited for in the South. A strikingly positive trend is observed in the Netherlands. There, the prices are usually made following the German model.

Trend for the German market:

Nothing has changed about the overall balanced market situation. Pigs for slaughter can be placed on the market without any problems.

The Feast of Corpus Christi being a public holiday in some of the German states causes the marketers neither headache nor problems. Now an answer can finally be given to the question when is summer about to be here?

Next week, the temperatures are expected to rise to a summerlike level. Thus, the stimulus needed will finally be realised on the meat market. The prices are anticipated to remain unchanged at least.

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