Pig market turns into a whirlpool

The fact that no pigs were traded on the Internet exchange today is perhaps a good thing. Otherwise, the quotation would probably have ended the week even lower than the level of Tuesday, October 24 (€1,47 per kilo). There is no trace of buying interest on the pig market. In Catholic European countries, Wednesday is a day off, which is also observed by slaughterhouses. Tuesday, October 31 (Reform Day) is also a day off throughout Germany.

This means that selling fattening pigs is far from easy. Despite the fact that Dutch slaughterhouses do not have a bad week, here too the boat is clearly being held back. This is because meat sales in Europe may flow poorly next week.  

€1,40 is mentioned
The German pig price fell by €25 to €0,05 per kilo on Wednesday, October 1,45. This means that the pig market seems to be picking up the pace of 2014. Then the pork market dropped to €1,40 per kilo in the fall. It is heard from several sources that German slaughterhouses want to return to this price level.

German pig farmers are trying to avoid the next reduction and are giving up pigs en masse. This was also done in previous weeks. Last week in Germany more than one million pigs sex. The German pork price threatens to drop to €1,40 per kilo

DCA Stock price down
It is not said out loud, but slaughterhouses are pushing the market to eliminate this summer's losses. The broken weeks offer an opportunity to create a mood and manipulate the market. Also in others European countries prices are in a downward spiral.

The DCA Stock Exchange Price 2.0 is sucked into the German vortex and drops by €0,05 to €1,36 per kilo. The price of live pigs drops by €0,04 to €1,07 per kilo. It is expected that the quotations will again be unable to keep their heads above water next week.