Piglet market: very negative to moderately positive

At the beginning of last week, the Dutch piglet market was still reasonably in line with the week before. As the week progressed, trading deteriorated. A number of traders, who were free at the time, are now stuck with piglets again, for which there is little or no sales. The sale of obsolete free flocks only succeeds far below market prices. Others are currently completing sales.

There are reports from Germany that fattening pig farmers are hesitant to impose new piglets. This is reflected in the German piglet price, which drops by €2,5 to €43,5 per piglet. The bottom is probably not yet reached.

The trend report for this week is $0 to minus $3, with a $2 cut being the most likely. With the wait-and-see attitude, fattening pig farmers are trying to force a lower Nord/West piglet price, after the supplements were adjusted in previous weeks. Waiting pays off, given the (expected) changes. 

Moderately positive or extremely negative
In the Netherlands, some traders are extremely negative about the market. Others are significantly more positive and foresee a drying up of supply in the short term with stabilizing pig prices.

It should be noted that the German rate of decline is not representative of the Dutch market. This is because the relationship with the Netherlands has been skewed for weeks and the Nord/West piglet price is catching up. The DCA BestPigletPrice is also falling, but this week by €1,5 to €35,5 per piglet.

Vion unchanged
Vion has been dealing with a lot of pigs for weeks, which are also very heavy. Despite this, the slaughterhouse(s) manage to keep quotations stable on the meat market when demand is moderate. As a result, Vion's pig price remains at €1,45 per kilo.