Meat trade kills DCA Stock price 2.0

Increasing rumors about lower pork prices were confirmed in Germany this week. The German pig price fell by €0,05 to €1,76 per kilo on Wednesday, after the Internet stock market slipped on Tuesday. The fact that the suffering is not yet over was again evident from the movement of the Internet Exchange on Friday. Another one cent was deducted, bringing it to €1,79 per kilo.

The end of the German price fall is therefore not yet in sight. There are rumors that German slaughterhouses want to return to a pig price of €1,65 per kilo. Others talk about €1,70 per kilo. In any case, the expectation is that the German pork price will dip into the red again next week.
 

More supply in the Netherlands
Doesn't the 'tight pig supply' offer a counterbalance? If the meat market had been running smoothly, there would probably have been plenty of pigs. The problem, however, is that meat sales are disappointing. Things are not going well, both in Europe and outside Europe. These are literally the words that are put into one's mouth. To limit losses, slaughterhouses use slimmed-down slaughter plans. In combination with pigs that are brought forward, many pigs die. Games that overshoot often cannot be counted on two hands.

German slaughterhouses also slaughter less. This means that part of German exports now remains in the Netherlands. In short: a snowball effect of price-pressing factors.

Failing meat market
Buyers on the meat market benefit from this situation and benefit from it. In addition, China once again reduced prices for by-products at the start of the 3rd quarter. Italian buyers do not accept the hams well and the British are dropping out due to the weak pound, which makes importing expensive. All this means that the pig carcass decreases in value across the board. Many parties in the market are therefore succumbing to the tension this entails. Few could have seen this coming. Perhaps only the people who argue back afterwards.

A selection from the collection on the meat market is that hams have fallen by €3 per kilo in the past 4 to 0,05 weeks. The shoulders recorded a loss of 8 cents per kilo, while the bellies even dropped by 12 cents. These mutations illustrate the trend that is underway.

Stock market price down
The extremely difficult situation means that the DCA Exchange Prize 2.0 will take a serious hit. Quotations for live pigs drop by €0,07 to €1,67 per kilo. Live pigs fell by 6 cents to €1,31 per kilo.