Pigs are worth more in the south

The European ISN price comparison shows that the division in the market is increasing. The southern countries benefit from less supply, lighter pigs and many tourists. It delivers higher prices on. In Spain the price increases to €1,652 per kilo, a plus of €0,007. This while Italy keeps the price stable at €1,823. 

Italians walk out
The gap between the Italian and Dutch prices has always been relatively large, but this time the distance is becoming very large. This is because the Netherlands, together with Denmark, controls the pig price has reduced. Both countries record a minus of €0,030 per kilo, which results in prices of €1,311 per kilo in the Netherlands and €1,256 in Denmark.

The Dutch price caused a lot of commotion among pig farmers, but it is the Danes who pay the lowest price in Europe. That's something that last happened in 2013. And that is not really good news, as historical data shows that the Dutch and Danish prices often seek each other out.

Sentiment rules
The price reduction is a remarkable move, which is mainly inspired by the negative sentiment on the pig market. However, it should be noted that the supply of live pigs in these areas is tighter and the weights are lower. This situation will probably continue during the summer holidays.

The situation outlined is the reason that many players on the German market take stable prices into account. If sentiment changes, the market could turn drastically. However, it can also go the other way. This is because the first countries have started to implement reductions. In any case, it will be an exciting few weeks. Pig prices in the South of the Netherlands are above the level in the Netherlands.