German slaughterers also use 'hausprice'

The German pig price (the VEZG quotation) remained unchanged Wednesday 4 April stable for the third week in a row at €1,45 per kilo. This movement is not followed by the large German slaughterhouses. Market leader Tönnies says that they have been indicating for weeks that the German pork price must be lowered.

Since the North/West committee keeps dropping the price, they have now taken matters into their own hands by lowering the quotation by €0,03 to €1,42 per kilo. Following Tönnies also uses Vion Germany a 'hauspreise' of €1,42 per kilo. The reductions are mainly a result of disappointing meat sales. 

(Text continues below the chart)For the third time in 2018, Tönnies achieved a top price.

Slaughterhouse Westfleisch also acknowledges the pressure, but leaves the quotation at €1,43 per kilo. Despite the continued pressure, the reductions are somewhat unexpected. This is because at the beginning of the week the idea was that the pig market had found a bottom; there also gave the internet exchange token of. Both Dutch (Vion and Compaxo) and German slaughterhouses, however, have decided differently.

Broken weeks
Around the Easter weekend, German slaughterhouses significantly reduced the slaughter pace. With 849.056 massacres the slaughter figure (week 13) is more than 17% lower than the week before. The slaughter hooks will not be full this week either, because of Easter Monday. This means that the pig supply is temporarily wider, which gives slaughterhouses the opportunity to tinker with the price.