Inside: Pig Market
Only Spanish pig price collects plus
European pig prices are as flat as paper. In any case, there is little price disturbance on the pig market, as the internet exchange has also remained stuck at 1,86 euros. Only the Spanish pig price writes a small plus.
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In most countries the pig supply is sufficient for slaughter plans. Thursday, June 15, is a slaughter day in Germany and that does not stimulate shortages elsewhere in Europe. European pig prices therefore remain stuck at last week's level. Thanks to the influx of tourists, the Spanish pork price has risen slightly from 0,01 euros to 1,85 euros rounded off.
Internet fair does not choose a direction
In Germany, the internet stock market remained stuck at 13 euros on Tuesday afternoon, June 1,86, with 12 of the 16 parties having been traded. Pig prices are currently unchanged. On Monday, June 12, Vion already reported that the front part is under price pressure, while the other meat parts are struggling to survive. Low demand in Europe is the cause of this. Outside Europe, especially in China, sales opportunities for by-products are deteriorating.
The unchanged internet fair, coupled with the cancellation of a slaughter day, and the lackluster situation on the meat market give the North/West committee little to consider an increase. It is obvious that the German pig price will remain stuck at 1,81 euros on Wednesday afternoon.