Stable pig market is maximum achievable

The pig market emerged unscathed again this week. The quotations are fighting against an extremely large pig supply, but have managed to hold up for the time being. It would go too far to say that it is a tough fight, but the supply is depressing. Traders are still faced with a large supply of pigs. 

There will also have to be some postponements here and there to next week. Others say things are going better and the pigs are as good as placed. On balance, there is talk throughout Europe that there are many pigs; which are also heavy. "Growth is good," the French say. The Internet Exchange remained stable on Friday, November 17, at €1,48 per kilo. This is a signal that there is a demand for pigs.

Last year around this time the Christmas Revival began in Germany and lasted for 4 weeks. There is currently no question of a repetition of moves. The market now seems to be best off with stability. Forcing the price is therefore not an option.

Lots of meat production
The temperature in Europe may slow down the growth of fattening pigs somewhat and could therefore determine the supply. Temperatures are (or have been) declining in central and eastern Europe. Temperatures will rise again in the coming week in the Netherlands, West Germany and Northern France.

De high slaughter figures enable meat processors to run a lot of production. At the meat market, hams and meats were still in short supply last week. The shoulders also took a hit. On balance, a small minus is expected on the whole pig, which will allow the prices to stabilize. In Germany it is reported that it is noticeable that Christmas is approaching and that a lot of meat is being processed.

Because there are enough pigs to meet this demand, the DCA Exchange Price 2.0 remains at €1,36 per kilo for slaughtered pigs. The price of live pigs is also unchanged, but at €1,07 per kilo.