DCA Fair Prize 2.0 is cast in concrete

There is no room for higher prices on the pig market, as has been the picture in recent weeks. In the Netherlands, the quotations have been flat for 3 weeks in a row. Moreover, there is nothing to indicate that this trend will be broken in the short term.

Slaughter figures are declining
It is clear that the slaughterhouses are not overrun with pigs. In the past week, 299.000 pigs were slaughtered in the Netherlands with an average weight of 95,70 kilos (-0,30 kilos). This means that the slaughter figure is below the 300.000 limit for the first time this year (without the influence of broken slaughter weeks). At German slaughterhouses, 937.249 pigs were hanging on the hooks, which can be described as a low number.

Based on the past, it is expected that the slaughter figure will continue to be modest in the coming weeks. This is due to the seasonally declining supply. It remains to be seen whether this will stimulate the pig price.

(Text continues below the chart)Although the slaughter figure is declining, it is still above the 5-year average. 

No higher pork price 
Slaughterhouses speak of disappointing sales, both within Europe and in China. Sales in other Asian countries (Japan and South Korea) are stable. On balance, however, meat sales exert a depressing effect on the pork price. Like this corrected the German pork price (the VEZG quotation) this week returned to the level used by German slaughterhouses. This is apparently the worst pressure on the market, because the Internet Exchange increased by €15 to €0,01 per kilo on Friday 1,51 June.

In the Netherlands, some traders find it easier to place pigs than others. Yet almost everyone realizes that it will be difficult to achieve higher prices in the coming weeks. This is also evident from the statements at DCA Markets. The DCA Exchange Price 2.0 therefore remains at €1,38 per kilo for slaughtered pigs, while the price of live pigs remains at €1,10 per kilo.