Inside Pigs
Pig price gets plenty of room to rise
Nothing and no one can stop the rise in pig prices. The DCA Stock Price 2.0 is therefore again taking a significant step up.
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The feverish temperatures continue and the demand for pigs is very good. On the other hand, the supply is becoming increasingly scarce, because pigs ready for slaughter are being detained en masse. The number of slaughters in Germany last week amounted to 910.074 pigs, which is 10% less than in the same week last year.
The Internet Exchange rose on Friday, March 29, by no less than €0,09 to €1,73 per kilo. The distance to the German pig price (the VEZG quotation), which already rose by €0,10 this week to €1,60 per kilo, has thus been stretched to €0,13. This means that pig prices in Germany will resume the price rally next week.
Extremely good question
Pigs are also held in the Netherlands, although slaughter figures in our country are quite stable. Last week, 310.000 pigs were slaughtered, which is the same number as the week before. Nevertheless, Dutch slaughterhouses are also pulling pigs en masse, causing surcharges to rise.
Although slaughterhouses try to dampen the market, nothing or no one will stop the pig price. The meat exporters to China talk about wild price movements and exploded demand. To secure the availability of pork, China has no choice but to turn to the European Union, America or Brazil; Pig prices are rising almost everywhere in the world.
Significant increase in DCA Stock Price 2.0
The DCA Stock Exchange Price 2.0 takes another significant step upwards, based on the statements from DCA Markets. The quotation for slaughtered pigs increases by €0,10 to €1,54 per kilo. The price of live pigs increases from €0,09 to €1,25 per kilo.