Inside Pigs
Pressure on piglet price development is increasing
There has been more cloud cover over the Dutch piglet market for several weeks now. The impetus for this situation came from Spain a few weeks ago. What does this mean for the DCA BestPigletPrice?
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
For a long period of time, Spain was the driving force behind the mood and price development on the Dutch piglet market. The 'Spain effect' in the DCA BesPigletPrice would be around €5, insiders report. Now that the tide has turned and Spain is less active in the market, this should become visible in the quotations.
For example, Van Rooi's piglet quotation (VRBP-Basis) lost €2 last week, just like Vion's. These quotations amounted to €55 (excluding VAT) and €62 (including VAT) respectively. A similar picture was visible in Spain, where the quotation now stands at €49 (excluding VAT). The BPP also had to adjust the price level downwards unchanged after 8 weeks.
Difficult market
The market seems to be even more difficult this week. The supply of piglets is large and sales (outside the fixed connections) are slow. Only one conclusion can be drawn from the input and that is that a downward trend is emerging. The BPP is trading at €1 for this week, which is a decrease of €54,50.
Despite the negative adjustments of many European quotations, the German piglet quotation (Nord/West) of Monday, July 1 (determining last week's piglet price) remained at €64. Our eastern neighbors also assume unchanged pricing for this week.