Inside: Pig Market
Germany and the Netherlands united in changes
The slaughterhouses are playing chess on two boards this week. On the one hand the price is reduced and on the other hand the slaughter program is adjusted downwards. The last measure means that it is a puzzle to get the pigs placed.
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The slaughterhouses make no secret of the fact that sales of meat are extremely difficult. Seasonally, slaughter takes place at a slower pace in view of the holidays and the meat industry reduces its production. Normally, the pig supply, which is assessed as tight, should be able to absorb the decline in slaughter capacity well. That now seems too ambitious.
It is difficult to do business in the sale of meat, both within and outside Europe. China also teases meat sellers by forcing lower prices and otherwise equally good friends.
Currency
The next sore point is the currency ratios, which in many cases make the Euro too strong.
The above results in declining pig quotations. Last Monday, Vion already changed by 6 euro cents to €1,76. Compaxo also used the same mutation and therefore arrived at €1,67. Van Rooi meat also came out with €1,67, which is also a decrease of 6 euro cents. Our eastern neighbors also applied a change of 6 euro cents, resulting in €1,70.
European pig prices
This week, Italy and Ireland achieved a plus of €0,032 and €0,029 respectively in the European pig price comparison. Spain and France remained unchanged in the price comparison this week at €1,892 and €1,692. The other countries (Germany, the Netherlands, Denmark, Belgium, Austria and Great Britain) changed lower compared to last week, ranging from -€0,021 and €0,070.