DCA Stock price rises rapidly

In 2 weeks, the internet stock market has risen by no less than 4 cents over 13 trading days. An unprecedented increase. The weekly numbers traded are, generally, less than one percent of the total number of pigs slaughtered in Germany. Yet, these weeks, the market indicator functions as a perfect pull-up bar for the German pork price. On Wednesday, the North/West committee increased by as much as 7 cents to 1,68 euros. This meant that the gap between the internet grant and the Vereinigungspreis was temporarily closed again to the normal bandwidth. It is usually 4 to 5 cents.

The Internet fair continues to rage
With the emphasis on provisional. On Friday, the internet exchange again distanced itself by increasing by 4 cents to 1,77 euros per kilo. This implies that the German pig market did not do anything too crazy last Wednesday. A tight pig supply is cited as an important reason for the rapid price increases.

Last week (week 12) 994.521 pigs were slaughtered in Germany. In the Netherlands, 293.000 pigs were hanging on the hooks, with an average weight of 96,14 kilos. That is almost 1,5 kilos heavier than in the same week last year. These slaughter figures correspond reasonably well with previous years. The tight supply must therefore be seen in the context of a very good meat market. Demand is good, especially within Europe. The demand in Eastern Europe is specifically mentioned. Relatively empty cold stores also stimulate slaughter plans.

Sliding with pigs
What is of course especially important is Easter. Traditionally a benchmark on the pig market calendar. European retail is demanding extra volumes these weeks. This means that slaughterhouses have many outstanding delivery obligations. Because the supply is insufficient, pigs are even brought forward. Several parties confirm this.

The rapidly rising pig prices are pushing slaughterhouses, although not into narrow margins. The backs (+0,04), hams, shoulders and bellies (+0,07) are moving along with the rapid pace on the pig market in week 13. Outside Europe, in Asia, the market reacts more slowly. That takes care of it America for some price pressure. It is therefore unlikely that the 'wild question' will continue after Easter. It cannot therefore be ruled out that the quotations will be corrected in April. This is because of the perhaps somewhat tense run-up to Easter. The tight supply naturally provides some counter pressure.

DCA Beursprijs 2.0 takes a big step
For week 14, the DCA Exchange Price 2.0 is 1,65 euros per kilo. This is a plus of 6 cents. With this increase, the DCA Stock Price 2.0 has already risen by no less than 17 cents since the end of February. The quotation for live pigs increases by 4 cents to 1,30 euros. 

Expectation 
In the first week of April, the pig market will probably still have the wind in its sails. After that, a more muted market must be taken into account.