Surcharges forces DCA BestPigletPrice to increase

Piglet prices in the Netherlands, Germany and elsewhere in Europe are historically at record or near record highs. However, the high piglet prices does not prevent fattening pig farmers from imposing piglets. It is reported from Germany that it is very easy to find placement space for piglets, and fattening pig farmers also attract piglets in the Netherlands. In particular, the fact that there is still a shortage of piglets means that the demand is overwhelming the supply. Despite the fact that the shortage feels less extreme than a few weeks ago, there are still too few piglets to close the trade. 

In Germany, the piglet market is taking the opportunity to look up. Initially, the piglet price in Germany increases by 0,50 euros to 55 euros. Whether the German piglet price has waited for the rebounding pig prices in week 9 to break the breather is difficult to say in black and white. In any case, this impression is created - in view of the price increase. Since the trend report predicts that the piglet price will even be adjusted upwards by one euro in week 10, it indicates that the German pig price is expected to rise again on Wednesday, since that is where the space has to come from.   

The DCA BestPigletPrice also rises in the Netherlands by 50 cents to 55 euros, although the increase is mainly a supplement issue. Despite the fact that the Dutch piglet market traded sideways from week 7 to week 9, there was an increase in the premiums. According to most parties, the fact that the increase in week 10 will be removed from the allowances corner is justifiable and in line with the current situation. It is reported, however, that the piglet market, even in the event of shortages, cannot continue to use every increase in the pig market to offset increases. The market is reaching its limit, although there is some room in the basic price/surcharge ratio. It is also not expected that the piglet price can rise much further at all. This is because many traders report that the supply at their propagators is starting to increase and that the spring dip is coming to an end.     

Following the DCA Stock Price, slaughterhouse Vion is also increasing the pig price by 2 cents for week 10. According to Vion, the increase is a logical consequence of the tight pig supply, while there is also a slight improvement in the meat market. Vion does let it be known that bacon sales are not going well due to an unfavorable relationship between the value of the euro and the British pound.