Inside: Pig Market

Piglet prices up, pig prices down

4 December 2017 - Wouter Baan - 1 reaction

The supply of piglets is tighter than demand. That is why the DCA BestPigletPrice is increasing for the third week in a row. Vion's pork price, on the other hand, is plummeting. What do the odds amount to?

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"There are calls for piglets and trade is picking up," is how traders describe the sentiment on the Dutch piglet market. The piglets are easily sold, both within the permanent links and on the open market. Sales to Spain in particular are going well. The Spaniards celebrate two holidays on December 6 and 8, but the trade does not immediately notice this. The Spanish piglet price increased by €2 to €0,50 last week, proof that there is demand. 

Sales to Germany are relatively tepid. In Germany, there are no signs of increases yet, as the piglet price has once again remained stuck at €41,50 per piglet. The trend report for this week is unchanged.

Plus €1 for DCA BestPigletPrice 

BPP up
Following last week, the DCA BestPigletPrice (BPP) increases again by €1 to €38 per piglet. According to the trade, pluses are necessary to keep surcharges under control. However, there is a caveat; namely that the piglet price can continue to increase indefinitely, given that the pig price is not in the mood for an increase.

Vion pig price down
In fact, Vion's pork price actually drops by €0,03 per kilo to €1,42. The quotation remained stable for weeks, despite ample supply. That has now come to an end. According to Vion, the meat market is full. This is due to the ample pig supply in Europe. The high slaughter figures are proof of this.

The demand from the meat industry for Christmas gifts is now almost coming to an end, while the fresh segment is hardly picking up. The hams in particular are not valuable, reports Vion.

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