Inside: Pig Market
German pig market is stiff with unrest
The European pig price comparison this week is a mixed bag of pluses and minuses. The largest decrease is attributable to Germany.
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The Netherlands, Denmark and Ireland opted for unchanged in this comparison. The most positive note this week was reserved for France, which rose by a plus from 0,034 to 1,571 euros. The reason for this plus was that the French pig market is a demanding market, with the supply of live pigs lagging behind the demand.
Despite the fact that the pig supply in Europe is not excessive, in Germany in particular other means are used to temper pig prices and expectations. Hauspreise are issued as a big stick, with which slaughterhouses impose their dictates on the market.
Wednesday is an important day in pig land in connection with the release of new pig prices. Germany has long been the most important indicator of this, with the internet exchanges as extra handles. Yesterday, the internet exchange rose by 1 cent to 1,59 euros, with 12 of 17 offered lots being traded.
