The piglet market is still difficult. Couples floating above the market set the tone and force quotes down. So is the DCA BestPigletPrice.
The piglet market in the Netherlands has been difficult for weeks, with the situation varying weekly. Last week there was some hope for unchanged prices, but today, Monday 31 July, there is little left. There is little optimism among many traders, although a few see it more positively. There are many couples hanging above the market that cannot be sold.
Residual couples cause problems
In particular, residual flocks, from 200 to 300 piglets, can hardly be placed. This applies both in the Netherlands and outside the Netherlands. Only sales to Italy are still somewhat acceptable. This is because the pig price in Italy is rising.
Trading within fixed links is improving, although free market prices are also depressing the mood here. After 3 drops of €2 in a row, the German piglet price has fallen back to €57 per piglet. It is possible that the German piglet price can stabilize next week (about week 31), given that the trend report is unchanged. In recent weeks, the Nord/West committee has also consistently responded to the announced forecast.
Due to the slow piglet market, the DCA BestPigletPrice cannot stand at €50 per piglet. The market is too fragile for that. For these, the BPP drops by €1,50 to €48,50 per piglet.
Vion pig price stable
Calm on the pig market has definitely returned. The expectation that some traders have is that the German slaughterhouses will distance themselves from their hauspreis on Wednesday 2 August. Vion leaves the pig price at €1,69 per kilo. According to the slaughterhouse, this fits the meat market, which is also unchanged.