DCA Stock price 2.0 makes up for the reduction

The Internet Fair in Germany made a striking move on Friday, May 11. Completely against expectations, the indicator increased by €0,04 to 1,46 per kilo. The 12 lots offered were all sold. This signals that there is a demand for pigs in Germany. Although the traded volume is relatively insignificant, the quotation remains a good reflection of the mood on the market. So there is clearly no longer a minor mood.

Improved mood
However, it is too early to speak of a 'Hosanna mood'. There is no shortage of pigs in Germany; supply is in balance with demand. This is also evident from the movement in the German pig price (the VEZG quotation); the quotation remained stable at €1,37 per kilo and was followed by the German slaughterhouses.

In the Netherlands, pigs can be placed reasonably well, although insights differ slightly from trader to trader. In addition, the European pig supply will soon have to get through another broken slaughter week (Whit Monday). Slaughterhouses indicate that an increase should not be expected; It is already 'with difficulty' that pig prices can be maintained at the same levels. 

However, the price pressure of recent weeks appears to be a thing of the past for the time being. This also offers perspective for some breathing space piglet market. In recent weeks, fattening pig farmers have been rather cautious about laying piglets, resulting in a red piglet listing.

Improvement in the meat market
The improved mood is undoubtedly related to the nice weather of recent days, which has caused an upturn in meat consumption (BBQ). It must immediately be said that the summer temperature is once again making way for typical Dutch, somewhat erratic spring weather. This will probably normalize demand from the fresh segment. However, various meat departments, such as the public prosecutors, have clearly benefited from the extra demand. These have risen sharply in price.

This certainly does not apply to the other parts. Ham sales are not yet satisfactory. For example, Italy is not really in the market, while the increased stocks continue to cause a negative trend. The battle for the price, must also be kept in mind because of the sales opportunities in China and Hong Kong. These remain under pressure stand. 

DCA Exchange Price 2.0 makes correction
In retrospect, the Dutch pig trade was too negative last week. The reduction that was implemented at that time is therefore now being corrected again. The DCA Exchange Price 2.0 therefore increases by €0,03 to €1,31 per kilo for the slaughtered pigs. The price of live pigs also increases, but by €0,02 to €1,05 per kilo.