Pig market still has to go through 1 tough week

Despite a higher Internet exchange, the German pig price remained stuck at €9 per kilo on Wednesday afternoon, August 1,70. This was partly due to a day off in the south of Germany, which meant that the slaughterhouses were closed. The tight pig supply was therefore less tight.

On balance, the Germans continue to speak of a predominantly tight supply, also going into next week. The Internet stock exchange corrected by €11 on Friday, August 0,01, after the indicator had increased by €0,04 over the previous trading days. The correction is the result of the sideways 'Vereinigungspreis', although the bandwidth is still tight at €0,07 per kilo.

Tighter Stock Market Price
Traders in the Netherlands had difficulty this week getting the last pairs placed. Pigs sometimes overshoot next week as well. Due to what they say is a slow meat market, slaughterhouses have little urgency to slaughter fully. There are reports that the meat processing industries will restart next week and will return to their usual pace from mid-August. In the short term, the demand for pigs in the Netherlands is also increasing again.

In the meantime, the DCA Exchange Price 2.0 became tighter in the market last week. In retrospect, the increase of €0,02 is still supported by many parties. That is why the Stock Exchange price remains at €1,62 per kilo for slaughtered pigs. The price of live pigs remains at €1,28.

meat market
In Germany, meat sales show positive indications. The approaching end of the tourist season is visible through increasing demand. The German pig supply will probably remain tight until mid-August.

The price of the middle piece shows a slight upward movement in the Netherlands. The front portion increased this week by approximately €0,02 per kilo, the hams and bellies have remained unchanged.