In pig land, the status quo is what counts

These are special weeks in pig country. The expectation of a revival of the pig market after the summer holidays has still not materialized and on balance results in a stable pig market. The German Internet Exchange has been the most volatile, but on balance is back to square one at €1,75.

In Denmark, Germany, Belgium and the Netherlands, pig prices remained unchanged, while France, Spain and Italy moved downwards.

Expensive euros
The blockage to an increase in pig prices is partly caused by the fact that the meat cannot be sold more expensively. This is due to the unfavorable exchange rate differences. For example, the exchange rate of the euro against the dollar has reached a provisional high of 1,1978 last week, causing increasing resistance to the sale of meat to dollar-related countries.

Trade to the United Kingdom is also difficult due to an unfavorable exchange rate ratio for the Netherlands, while the demand for bacon, for example, is there.

A wide offer
In addition, traders and slaughterhouses report that the supply of pigs is more than sufficient, but that the pigs are eventually placed after some fiddling. However, the pigs are on the heavy side.

The effort in meat sales and the supply of pigs would normally be ingredients that put pressure on prices. That doesn't seem to be the case yet. This is because signals for an increase are also missing, which remains the highest achievable for week 36.

The DCA Exchange Price 2.0 for week 36 remains at €1,62 for slaughtered pigs and €1,28 for live pigs.