The pig market is not boring, but there is not much life in the brewery either. Will the pig market remain as predictable in the coming weeks as it has been in recent weeks, or are changes imminent?
In the run-up to Christmas, the pig market is stable. The quotes have remained in place for weeks and there has been no movement in the market. The pig market cannot necessarily be called boring now that Christmas is getting closer every week. Moreover, fireworks could sometimes break out in the weeks after Christmas, causing both pig farmers and traders to take a calculated approach. After all, the pig market has to go through a tough few weeks between Christmas and New Year.
The slaughter hooks have been filling up easily in recent weeks. Pigs will not immediately be transferred to next week, but there are no shortages. This despite the fact that slaughter also takes place on Saturdays. Last week, certain slaughterhouses seemed to be pulling pigs. That is no longer the case, traders report.
Somewhat slow meat market
On the meat market, Christmas sales are described as weak to normal. There are no immediate indications that predict a revival in demand. Most carcass parts do not move from a price point of view. With the exception of the shoulders: they improved slightly this week.
Postponing price cuts by not forcing anything is currently the strategy of the pig trade. The market considers it likely that corrections are coming. German slaughterhouses appear to be in the mood to cut pork prices next week. Whether it will happen remains to be seen, of course.
Stable Stock Price
Such rumors are often spread throughout the market, without actually leading to red listings. The Internet Exchange gave no reason on Friday, December 1, to expect a reduction in the coming week, as the quotation rose by €0,01 to €1,49 per kilo.
The DCA Exchange Price 2.0 will remain unchanged next week, for the fifth time in a row, for slaughtered pigs, which is €1,36 per kilo. The price of live pigs remains stuck at €1,07 per kilo.