Inside Pigs
The pig prop is manageable
In the run-up to Christmas, the tension on the pig market was already hard to find and this will continue to be the case in the first weeks of January.
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It will not surprise friend and foe that the supply is currently large, due to the loss of 2 processing days. One day of slaughter will also be canceled next week, meaning the pig's plug will remain in place. Still, the offer is manageable. This is because many pigs have been slaughtered in the run-up to Christmas.
No pressure on the price
Unlike other years, there is no pressure on the pig price this year around the turn of the year. The German pig price (the VEZG quotation) apparently easily remained at €1,36 per kilo this week. Coincidentally, this is also the level that the 5-year average for this week shows. This is also €0,01 higher than what was on the signs at the end of 2017.
When supply dries up during January, the market can 'settle' again. The question is whether there is much in the pipeline, because there are currently no visible factors driving up or depressing prices. It is therefore not unlikely that the stable market situation will continue in the coming weeks.
Stable Stock Price
The DCA Exchange Price 2.0 remains at €2019 per kilo for the pigs slaughtered for the first week of 1,28. The price of live pigs amounts to €1,03 per kilo.