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Inside Pigs

Pork price could use some pepper

11 January 2019 - Wouter Baan

The end of the series of stable pig prices is not yet in sight. The market feels a bit sluggish in the first weeks of January, as there is a lack of impulses to move prices.

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The market has been characterized by stable quotations for weeks, which started in mid-October. Since then, both the supply and the meat sales have not been able to realize higher pig prices. Also this week, the German pig price (the VEZG quotation) remained at €1,36 per kilo. The Internet exchange on Friday did record a plus and came to €1,40, with 11 of the 12 lots being sold. However, this does not seem to be a harbinger of a higher German pig price next week.

Offer is normal size
It was hoped that the pig plug (due to Christmas and New Year) would become significantly smaller this week, but nothing could be further from the truth. On balance, Dutch pig traders are transferring more pigs than last week. In Germany, too, there is talk of a large supply of heavy pigs, but this is not a problem.

The broken month is still noticeable on the meat market, which means that meat prices are under pressure. This applies in particular to the middle part of the carcass. German butchers are making some sense of this; this doesn't make much of an impression.

Stable DCA Scholarship Price 2.0
All in all, the pig market feels more sluggish than last week. In the longer term, expectations are quite positive, but the highest achievable levels are expected to remain unchanged in the coming weeks. The DCA Fair Price 2.0 will therefore remain at €1,28 per kilo for slaughtered pigs. The price of live pigs is also unchanged at €1,03 per kilo.

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