The piglet market is still in an upward trend. Good sales mean that the DCA BestPigletPrice (BPP) this week (week 47) is again in the thirties.
It is not so much good demand, but mainly a tightening supply that is the driving force on the piglet market. The traders know that sales are becoming increasingly smooth and that there are no longer loose flocks hanging over the market.
German trend report up
The piglets are also easily placed in Germany. This is also reflected in the German piglet price (North/West quotation), which increases by €1 to €31 per piglet. The trend has been increased to €1,50. Listings are also on the rise in Southern Europe (Spain). The Spanish Lleida quotation rose by €3 last week to €30 per piglet. Despite the increase, Dutch traders have not yet immediately noticed a substantial increase from Spain.
In any case, one must guard against euphoria, as pig prices are not yet showing signs of increasing. At the same time, there is talk of increasing surcharges on the piglet market. This has made DCA-Markets decide to round up the quotation, increasing the DCA BestPigletPrice by €2 to €30 per piglet.
Vion: deteriorating exchange rate
As mentioned, the situation on the pig market is still the same, which means that Vion is leaving the pig price at €1,36 per kilo. The slaughterhouse speaks of a wide supply and a deteriorating exchange rate British pound. Sales of the attorneys, on the other hand, are somewhat smoother, but on balance the carcass is not better valued.