EU sow prices grow stronger

The latest market analysis from Duncan Wyatt at AHDB shows that sow prices in the European Union are rising alongside finished pig prices.
calendar icon 8 June 2021
clock icon 3 minute read

Reports from AMI suggest the amount of pork in store in Germany is high compared to last year, but it is hoped that summer demand will start to work through this. As such, any demand-side weakness could undermine further price increases in clean pigs and therefore sows. For now however, prices are being driven by shorter numbers of clean pigs.

The British sow market has been vulnerable to new checks and other administrative changes imposed at the border since the UK left the EU. Exporters have worked hard to overcome difficulties and British sow prices have improved too, compared with earlier in the year. Although, reports suggest that the lack of profitability in the finished pig market might mean the uplift in sow prices has presented an opportunity for some producers to exit. We will need to watch upcoming June survey data for more guidance.

Words: Duncan Wyatt, AHDB

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