Inside: Pigs & Feed
Last Easter bonus in sight for German pig price
Good export figures on the world market and an excellent meat market provide the European pig market with a strong boost. With regard to the slaughter plans, the supply of pigs is too tight and the Internet exchange is setting course. That is why the German pig market can already prepare for a new increase on Wednesday afternoon 5 April.
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Slaughterhouses with delivery obligations due to Easter, spring temperatures on the European continent, a tight pig supply and empty cold stores. The pig market has all the ingredients for a final Easter bonus. The good sentiment is also reflected in European pig prices this week. The prices increased by 4 to 7 cents.
1,57
euro
In the ISN price comparison for week 14, Germany has the fastest growth. The country rose by 7 cents to 1,62 euros. A similar increase is visible in Belgium. This brings the country to 1,57 euros. The Netherlands rose by 6 cents to 1,61, surpassing Denmark. The Danes will receive an additional 4 cents and rise to 1,59 euros. The southern countries such as France, Spain and Italy limit themselves to a plus of 4 cents.
Final increase within reach
The 'Vereinigungspreis' increased by 29 cents last Wednesday, March 2017, 7, to 1,68 euros per kilo. This closed the gap with the German pig price, which the Internet Exchange had previously set, to a normal bandwidth of 5 cents.
On Friday, March 31, 2017, the Internet Exchange closed again with a plus of 4 cents to 1,77 euros. On Tuesday, April 4, the Internet Exchange again recorded 1,77 euros per kilo. This means that the Teleporc quotation has probably reached the top before the Easter weekend.
Given the abrupt increase on the pig market, it is logical to expect that the German pig price will shift a notch further on Wednesday afternoon, April 5. The degree of shortage with regard to the pig supply must indicate how far the limit of 1,70 euros will be exceeded. The quotation is currently 1,68 euros per kilo. When we look at the favorable market conditions, a plus of 3 to 4 cents seems feasible. 
More moderate market after Easter
In the last week before Easter, the chance of an increase decreases rapidly. The pigs that are then slaughtered do not reach the meat market until after Easter. In addition, there is usually less sex on Good Friday, April 14. It is therefore expected that the pig market will take a more moderate tone from mid-April.