DCA BestPigletPrice sprints

The demand for piglets has increased enormously in recent weeks, now that all brakes have been released on the pig market. Vion's pork price takes a monster step this week and rises by €0,11 to €1,66 per kilo. This after the DCA Stock Exchange Price 2.0 also rose considerably. The slaughterhouse speaks of smooth meat sales, especially in China. However, meat processors are expressing resistance to the rapidly rising prices. 

A lot of demand
Although the seasonal supply increases, this has no dampening effect on the price. The traders say that the piglets are being pulled from all sides; both domestic demand and export demand are good. The European fattening pig farmers want to fill up all the stable space, so that they can profit in the summer when the pigs are (probably) extremely expensive.

The increases in German piglet prices are impressive; For example, the VEZG quotation increases this week by €4 to €50,50 per piglet. This move is expected to be followed by the North/West, as the committee has announced a trend report indicating an increase of €3 to €5 per piglet. This means that it is likely that the €50 limit will be passed.

Waiting times are running out 
Signals are being picked up from Germany that delivery times are increasing, which has been the case for a few weeks now. In the Netherlands, trade within the permanent couplings is reasonably prosperous, although there are few or no free piglets available. That is why traders at DCA-Markets opt for a significant increase in the DCA BestPigletPrice.

Last week we headlined that €50 was in sight again on the piglet market and 1 week later this level was already on the boards. The BPP quotation increases by €3 to €50 per piglet.

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