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EU Pig Prices: Quotations Moving Sideward

26 April 2017, at 3:00am

EU - This week, the European slaughter pig market appears to be in a continuously steady state. The quotations have been constant with no exceptions. The week after Easter is presenting markets which are altogether balanced.

This way, Germany keeps ranking third within the price structure of the five EU member countries most important in pig keeping. Great Britain alone steps out of line with its slight plus on the corrected quotation which results from the currency rate.

Notwithstanding the missing days of slaughter over Easter, no complaints are heard from anywhere about potential backlog supply. The live animals’ markets are cleared.

Demand continues to be vivid, which goes for demand related to exports in particular. The Austrian association of agricultural upgrading producers (VLV) explicitly reports on mostly satisfactory meat business – in spite of frosty temperatures and prevented barbecue activities.

Trend for the German market:

On the domestic market, pigs for slaughter are well demanded again at the beginning of the week. From today’s point of view, further prospects appear to be basically friendly.

(Source: ISN - Interessengemeinschaft der Schweinehalter Deutschlands)

Explanation
1) corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
2) These quotations are based on the correction formulas applied since 01.08.2010.
base: 57 per cent lean-meat-percentage; farm-gate-price; 79 per cent killing-out-percentage, without value-added-tax

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