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Inside Pigs

DCA BestPigletPrice is almost forty

28 January 2019 - Wouter Baan

The piglet market keeps a close eye on pig prices. Apart from that, the DCA BestPigletPrice still manages to set aside an increase.

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The piglet market has been experiencing the resistance expressed by fattening pig farmers for a few weeks now. They believe that pig prices must first rise before higher piglet prices can be justified.

The silence on the pig market has been broken. However, it is still a matter of collecting money, because the DCA Scholarship Price 2.0 posted the smallest increase (+€0,01 to €1,29 per kilo). There is a real expectation in the market that the German pig price (the VEZG quotation) will take a serious step upwards this week. At the same time, there are doubts whether the (German) slaughterhouses will follow any increase.

In any case, Vion will not increase this week and will leave the pig price at €1,39 per kilo. The slaughterhouse talks about a wide range of pigs and stable meat prices. However, sales to China are somewhat more difficult.

Pig price assumptions
For the time being, the market has to make do with assumptions and expectations. Regardless of possible movements on the pig market, there is a tight supply of piglets. At the same time, demand from domestic pig farmers is quite tame. Traders say that relatively many fattening pig farmers are running empty this year and are therefore stocking fewer piglets. The loss of demand camouflages the shortage on the piglet market.

Yet the majority of the pig trade is in favor of an increase in the DCA BestPigletPrice. The quotation therefore increases by €1 to €39,50 per piglet. The increase is a result of good sales opportunities in Germany and Spain. The plus is needed to slow down rising surcharges. The German North/West listing is also on the rise. The quotation has increased by €0,50 to €38,50 per piglet; The expectation is that the listing will make the same mutation again this week.

View the latest listing here.

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