50 euros is back in sight on the piglet market

About 20 weeks ago, piglet prices were still at historically low levels, and there was little prospect of a price recovery. It is now clear that the number of sows in the Netherlands and Germany has declined considerably, while the Chinese import of pork may double.

The demand for pigs ready for slaughter is extremely good in mid-March, which is currently benefiting from the piglet market. Now that the prospect of higher pig prices has improved, fattening pig farmers are very concerned about filling their pens. Individual flocks are therefore downright scarce on the open market, also because other European countries (such as Germany) are also looking for piglets. There is therefore also movement in the allowances.

German trend: +€2,50
In Germany there is an imbalance between supply and demand, and flocks cannot be delivered on time. The German piglet price (North/West quotation) has increased from €1 to €44 per piglet over the past week, although the ceiling has not yet been reached. The trend for this week points to an increase of €2,50 per piglet.

The Dutch supply was already not ample, and increasing demand will only make it tighter. The statements to DCA Markets show that the Dutch pig trade is once again calling for a large increase. The DCA BestPigletPrice increases by €2 to €47 per piglet. This brings the €50 limit back into view, something that was not thought possible a few weeks ago.

Pig price Vion
Vion's pig price has closed the gap in terms of changes with the DCA Stock Exchange Price 2.0. The slaughterhouse will increase by €0,08 to €1,55 per kilo, thus gaining an additional penny that was withheld last week.

Vion speaks of a tighter pig supply and improved conditions on the meat market. The increasing Asian demand means that European parts are also selling better. 

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