Pig prices EU aside, Internet stock market down

In Germany, the cancellation of a slaughter day due to Ascension Day has not created a pent-up pig supply. The same applies to the Netherlands. Slaughterhouses are full this week, but not more than that. The German slaughterhouses report declining weights, which means that the supply is flowing well.

In the ISN price comparison, the German pig price remains at 1,74 euros. The Netherlands quotes 1,70 euros. In France the price drop has been broken at 1,68 euros. The listing was in a downward spiral for no less than 5 weeks.

The other European countries, with the exception of Spain, are mainly stable. The Spanish pig price will rise by 1 cent this week to 1,81 euros. The increase is mainly due to the internal meat market, which is recovering due to the influx of tourists. Outside Europe, Spain is also struggling with price pressure from the US in China.

Slight correction for Internet fair
The Internet Exchange fell one cent in price to 1,89 euros on Tuesday afternoon. The reduction can be seen as a slight correction on Friday, when the price rose by 4 cents to 1,90 euros. This week the beautiful spring weather is holding up reasonably well. After that, summer temperatures will drop and rain is forecast. This causes the demand for meat to weaken somewhat.

The distance between the Internet fair and the "Vereinigungspreis" is now 9 cents. This is about 2 cents outside the normal range, which is usually about 6 to 7 cents. However, the question remains whether the German pork price will adjust on Wednesday afternoon. The meat market hardly allows increases, while the supply is likely to be generous in view of Whit Monday (slaughter day cancellation). Dutch traders also predict little price commotion in Germany.