Piglets again more expensive than manure

In the period from April to mid-October, the BPP lost €25,50 to €24 per piglet, which is a record low. This price drop, in combination with the rising collection contributions for pig manure, has meant that the piglet price (excluding allowances) has been below the collection contributions since November. At the time of the Piglet Exchange Price, this only happened in the fourth quarter of 2010.

The BPP has now left the record low behind it and this week the quotation will also rise by €1,50 to €28 per piglet. This means that the piglet price again exceeds the level at which the DCA collection contributions for pig slurry are South of the Netherlands condition (€27,50 per tonne).

Smaller piglet supply
The increase is a result of sales that are again running reasonably smoothly. This is mainly because the supply is becoming tighter seasonally, although fattening pig farmers are also more willing to stock piglets. There is no good demand yet, because there is still no good price perspective on the pig market.

The German piglet price (Nordwest) increases by €1 to €30 per piglet. The trend also points to a further increase in the same order of magnitude. In Spain, the piglet price is starting to rise seriously; In the past week the Spanish Lleide quotation rose by €2,50 to €27 per piglet. This limits the distance to the BPP to €1, while a few weeks ago this was €8 per piglet.

Based on the increase in the Spanish listing, it can be expected that piglet prices in Northwestern Europe have not yet reached the maximum. At the same time, traders indicate that prices are approaching their ceiling if the prospects for the pig market do not improve. In any case, the Vion pig price does not yet show this and, as expected, remains at €1,35 per kilo.

View the latest listing here.