Inside Pigs
Ample pig supply doesn't really want to shrink
The pig market is still burdened by a large supply. The phasing out does not really go smoothly and meat sales are still limited. The DCA Stock Price 2.0 therefore finds no room for an increase this week.
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Conditions in the pig market have changed little compared to last week. The pig supply is still ample and the phasing out does not go smoothly. Traders indicate that there are enough pigs and that sales are not going smoothly.
This is also reflected in the export figures. The total Dutch fattening pig export in week 11 was just over 12.500 heads. This is a decrease of more than 6.000 units compared to the previous week. Export figures were already well below last year's level, but the distance will be further increased in week 11.
Barbeques from the barn
The good weather conditions of last week have given meat sales a small boost. Barbecues have been pulled out of the shed and Easter also stimulates the sale of barbecue products. The weather forecast for next week, on the other hand, is less so. This cannot provide the market with a continued stimulus for the time being.
The DCA Stock Price 2.0 cannot yet resume its upward trajectory and the quotation remains stable. This means a price of €1,54 for slaughtered pigs and €1,17 for live pigs.
European pig prices
Elsewhere in Europe pig prices are also largely stable. The Spanish pig price is the only one to continue the increase in recent weeks. With a difference of over €0,30 per kilo, Spain stands head and shoulders above other countries in the German ISN price comparison.