Inside Pigs
The demand for piglets is unleashed
A lack of demand was the story in the piglet market for a long time. Rising piglet prices put an end to this, because trade is picking up. The DCA BestPigletPrice is therefore rising for the second week in a row.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
There is no longer an oversupply. This hung like a dark cloud over the market for a long time. Moreover, it pushed prices back to record lows. However, the period of decline is behind us and we can look upwards again.
Increases improve demand
The DCA BestPigletPrice already increased by €0,50 last week and the other quotations exceeded that later in the week. Vion's quotation increased by €1 and the German piglet price (North/West quotation) also increased by €1 (to €29 per piglet). The trend report also indicates a further increase. The Spanish piglet price has increased by €2 to €24,50 per piglet and further increases are in the offing.
The pluses are conducive to demand. There is no longer a 'push market', although it is too early to speak of smooth sales. Seasonally, supply will dry up further in the coming weeks, so it is likely that demand will improve further.
All in all, the pig trade is once again calling for an increase in the DCA BestPigletPrice. The quotation increases by €2 to €26,50 per piglet.
Vion keeps the price stable
Vion has announced that it will leave the fattening pig quotation for week 45 at €1,35. The slaughterhouse indicates that the supply of pigs ready for slaughter is sufficient, with slightly increasing slaughter weights. The prices of the various components have remained unchanged, although there is some pressure on the hams. On the other hand, the necks release more easily.