European pig prices in upward momentum

With a plus of 4 cents, Germany and Austria posted the largest increases. In Austria there is talk of too little supply. This is probably created by the German slaughterhouses in the south of Germany. They see the Alpine country as their "backyard" for supply. The Belgians also rounded up by 4 cents to 1,69 euros. The Netherlands increases in the ISN price comparison by 3 cents to 1,70 euros.

Retail is questioning 
Due to the nice weather, the slaughterhouses have excellent sales opportunities in the retail channel this week. There is talk of slightly rising meat prices. Sales in the industrial channel are a lot more difficult. 

The Spanish pig price is expected to increase, from 1 cent to 1,80 euros. Denmark remains stuck at 1,71 euros, after the price rose in previous weeks. The French pork price has been plagued throughout May. This week too, the downward sentiment cannot be broken, given the minus from 0,01 euros to 1,68 euros.

Internet stock slightly higher
The low frozen stocks and the short weeks mean that the slaughterhouses have to do everything they can to be assured of sufficient raw material to be able to deliver. The Internet Exchange is illustrative of the current market situation. The German indicator rose by one cent yesterday (May 23) to 1,86 euros, with all parties being absorbed smoothly. This canceled out last Friday's minus.

The distance with the German pig price is now 6 cents. Historically, this has been the maximum bandwidth. However, it is unlikely that the German pork price will close the gap this afternoon. The cancellation due to Ascension Day and the approaching Pentecost weekend will cause some delays on the market.