Inside Pigs
European pig prices continue to pick up
Pig prices in Europe have risen again. This is often due to the high demand from China, which has been pushing the prices of European pigs up for several weeks. This is apparent from the ISN pig prices.
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Spain also records the highest pig price in week 15, because the Spanish pork price works out at €1,76 per kilo of slaughtered weight. This means that the price has increased by €0,07. Prices have also risen in the other important European pig countries; For example, the German pig price has increased by €0,10 to €1,65 per kilo.
The Netherlands is approaching France
The French pig price is €1,59 per kilo, which means the price has risen by €0,06. In ISN's price comparison, the Dutch price comes to €1,58 per kilo, which means that the pig price has increased by €0,08. Belgian and Danish pig prices have also risen. These are now trading at €1,56 (+€0,10) and €1,50 (+€0,09) respectively.
Demand from China has increased enormously in recent times. This is mainly due to the many outbreaks of African swine fever. As a result, the pig herd in China has also reportedly shrunk considerably. In order to provide the population with pork, China has no choice but to import pork. This is now reflected in European pig prices.
Slaughter weight decreases
In addition to the increased demand from China, the pig supply is also decreasing. Not only in numbers, but also in slaughter weight. It remains to be seen whether these increases will continue. This is because the supply is still relatively scarce, although there are also reports that Chinese importers are no longer willing to pay the high Spanish pig prices.