Inside Pigs
Higher pig price seems out of the picture
The momentum in the pig market has gone and as a result the DCA Stock Price 2.0 remains stable this week.
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The German pork price remained at €1,36 per kilo this week and that was no surprise. The upward potential that the market had last week has evaporated and a stable price seems to be the highest achievable. The Internet Exchange increased by €0,01 to €1,42, with 9 of the 11 offered lots traded. This positive adjustment is not expected to affect pricing for the coming week.
Smooth sales with a wide range
Sales of pigs in Germany are going quite smoothly. The slaughterhouses easily accept the pigs, although there is no shortage. The range is too wide for that. The situation is more difficult in the Netherlands, because the supply of pigs is greater than last week. Not every trader sees his planning being taken over 1 on 1 by the slaughterhouses.
Meat sales are picking up somewhat, especially as December approaches. This will not lead to higher meat prices. On balance, the valuation of the pig carcass is unchanged.
Stable Stock Price
The DCA Exchange Price 2.0 for slaughtered pigs remains unchanged at €1,28 per kilo, while the price of live pigs remains at €1,03 per kilo.