Piglet market is approaching the point of better balance

The supply of piglets is still going well, but supply and demand are now in better balance. There are more piglets in stock in exact numbers. In addition, the urge for meat pig farmers to impose is weakening somewhat. There are reports that more piglets are available or will become available in the near future.

Free market
On the open market it is noticeable that supply is slowly starting to increase. However, there is no balance yet. These sounds correspond to the course of the season. There are usually more piglets available in April and May, because market demand is weakening slightly. A flattening market is then the result.

Take a look at the market
This expectation makes fattening pig farmers ''take a closer look'' at the market. This then results in a more wait-and-see attitude. In Germany, the piglet price in week 15 increased by 0,50 euros to 62,50 euros per piglet. A sideways trend report is predicted for week 16. This movement can be explained logically: fattening pigs will not become more expensive in the short term, while the shortage is less than about a month ago. A realistic scenario is therefore that the German piglet price has reached the highest level for the time being (for 2017). This would mean that the peak in week 15 would be exactly in line with the average trend over the past 5 years. 

For week 16, the DCA BestPigletPrice stabilizes at 59 euros per piglet. This is 10 euros higher than the opening position in week 1. 

Stabilization on the pig market continues  
As expected, Vion's pig price has stabilized this week at 1,73 euros per kilo. This means that for the second week in a row the quotation is one cent higher than the highest level last year. According to Vion, all sales markets are the same as last week. This means that the meat market, in terms of pricing, is not sacrificing anything from the Easter rally.

The Internet Exchange confirms today, Tuesday April 18, that the pig market will not experience a major correction after Easter. The first indicator after Easter may drop one cent to 1,78 euros, but this does not endanger the bandwidth with the German pork price. The German pig price is 15 euros per kilo in week 16/1,73. The difference is still 5 cents, a safe margin. The expectation in Germany is that the North/West committee will leave the listing unchanged on Wednesday afternoon, April 19.