Inside Pigs
Status quo on European piglet market
There is a 'status quo' on the piglet market. What about this and how does Vion's pig price mutate?
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The sale of piglets is difficult and the supply is ample. Fattening pig farmers across Europe are still very reluctant to impose new piglets. The sales within the fixed links continue reasonably well under the circumstances. However, the supply on the free market is difficult to sell, traders say.
Reduction in Germany
The German piglet price (Nordwest) has dropped from €1 to €28 per piglet over the past week. The . never stood German piglet quotation so low. However, the market seems to have finally reached a bottom; the trend report for this week indicates unchanged.
In the first 37 weeks of this year, 3,094 million piglets were exported to Germany. This represents a decrease of 3,25% compared to the same period a year earlier. Indeed, these figures suggest that German fattening pig farmers are more reluctant to take in piglets. At the same time, there is no question of a very significant contraction.
Historically, the piglet trade starts from mid-November a little smoother again. Although the first signs of this are not yet visible, this is the expectation that lives in the market. For the time being, the DCA BestPigletPrice remains at €24 per piglet.
Vion: unchanged
Vion's pig price remains unchanged at €1,37 per kilo. The slaughterhouse speaks of a large supply and increasing slaughter weights. In the meat market there is price pressure on the front (necks and shoulders). The sale of hams in Southern Europe, on the other hand, is somewhat easier.