Inside Pigs
DCA BestPigletPrice steps sideways again
The piglet market in the Netherlands is currently in a phase where no price increases are feasible and where price reductions are not yet an option.
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Although the seasonal supply of piglets is increasing, it is reasonably in line with demand. On the other hand, sales are running less smoothly than a few weeks ago. Due to the cancellation of 1 trading day (Ascension Day), the flow of piglets will be delayed, but this will not lead to major problems within the permanent connections. However, the number of loose couples on the open market is growing, traders say.
Ceiling for German piglet prices
The series of price increases on the German market has come to an end. The VEZG piglet price has leveled off at €64 per piglet, which is a record level. The piglet supply in Germany is tight and exports from the Netherlands can benefit from this. Exports to Spain, on the other hand, are declining, although that is normal for this time of year.
Data from DCA-Markets show that the majority of traders are in favor of an unchanged DCA BestPigletPrice. The quotation therefore remains at €57,50 per piglet. It is possible that this price level will remain in place in the coming weeks. If pig prices do not increase further in the short term, there is also a real chance of reductions.