DCA BestPigletPrice counters pressure on the free market

The piglet market is in a period in mid-May when there is a balance between supply and demand. The sales opportunities in Northwest Europe in particular are excellent. Fattening pig farmers would like to put on piglets again when the fattening pigs have been delivered. Trading in fixed connections is therefore proceeding according to plan. The situation is different on the free market. Some people experience considerable price pressure there. This is mainly due to weakening demand from Spain and Italy.

Little market for boar piglets
The Spanish piglet price (for 20 kilos) fell again last week. This time by 2 euros to 53 euros. Pairs of boar piglets are especially difficult to place. There is little demand for this on the open market. There are better sales opportunities for gilts and guarantors. In Northwestern Europe the piglet market is price-sensitive. The German piglet price remained unchanged last week at 63 euros. The same price forecast has been announced for this week.

However, reactions in the market vary considerably. Some traders have several pairs left. Others get everything posted just fine. The pressure on the free market improved somewhat. Bids then went up. In addition, the improving pig market is creating mitigating circumstances on the piglet market, according to market reports.

All in all, the majority of market participants are fairly clear that it is still too early to adjust the piglet price downwards. That is why the DCA BestPigletPrice remains at 59 euros per piglet.

Broken week disadvantageous for slaughterhouses
Following the DCA Stock Exchange Price 2.0, Vion's pig price also increased by 0,03 euros to 1,82 euros. According to Vion, the European meat market is picking up now that the weather forecast is positive. The nice weather, in combination with Ascension Day, means that supermarkets expect a lot of sales. This means that slaughterhouses want to be assured of raw materials to meet their delivery obligations. The stocks of frozen meat in cold stores have not been able to increase in recent weeks and are therefore still low.

The fact that Thursday is a slaughter day is not convenient for slaughterhouses. This is remarkable, because it is usually the pig farmer who experiences the negative consequences of a broken week. The sales opportunities to the meat processing industry are less positive. This is also noticeable on the sow market. This means that the meat market will not increase across the board. The price increase is mainly based on retail demand.