What does summer heat do to pig prices?

The question is whether slaughterhouse quotations can continue to improve after a few quiet weeks. It is difficult to give an answer to that. The slaughterhouses claim that meat prices are under pressure and that pig prices are staying up thanks to the relatively tight supply in Europe.

Nice weather coming
However, next week there will be sunny summer weather predicted, this could boost meat consumption in Northwestern Europe. Another effect of the high temperatures is growth retardation in fattening pigs. The already tight (German) pig supply may therefore dry up further. The question is how will pork prices respond to this scenario?

The Internet Exchange increased on Friday, June 21, by €0,03 to €1,95 per kilo, which means that the distance to the German pig price (VEZG quotation) has been extended to €0,12. The expectation in the market is that this quotation could rise by €0,05 next week. This does not yet say whether the large German slaughterhouses will actually follow up on this move. The same move was recently punished by Tönnies and Vion with a 'Hauspreise'.

Stock market price rises again
How reliable the sounds It is difficult to say that Chinese cold stores are chock full of pork. In any case, Dutch pig farmers react irritated to such reports and regard it as Chinese mood-mongering. Of course there is something to be said for that. On the other hand, European and American export figures show that China has imported a lot in recent months. It is logical that the cold stores have become full as a result.

Dutch pig traders are divided as to whether or not the DCA Exchange Price 2.0 should anticipate a possible rising German pig price. Based on the statements, the quotation for slaughtered pigs increases by €0,01 to €1,72 per kilo. The price of live pigs makes the same movement and therefore amounts to €1,39.

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