Analysis Countus Pig Index
Pig indices choose opposite direction
The return on pig farming shows a clear split in the first week of July: whereas the Countus Piglet Index started a decline in week 26, the Countus Piglet Index shows that it has found its way up.
In the last weeks of June, the Countus Piglet Index remained fairly stable and recorded around 159 points, with 100 points being the long-term average. Darker clouds have been looming over the Dutch piglet market for several weeks now. This already ensured that the DCABestPigletPrice showed a decline.
Due to the fall in piglet prices, the Countus Piglet Index also shows a downward movement in the first week of July. The Index falls by 3,6 points to 155,9 points. In addition, the forecast of the Piglet Index shows that the return will not improve in the short term.
Fattening pig index rises
However, the yield of fattening pig farmers clearly shows a different picture. Where the Countus Piglets Index starts to fall, the Countus Finishing Pigs Index seems to have found its way up. This Index is trading at 136,2 points at the beginning of July, which is an increase of almost 7 points. The yield of fattening pig farmers already shows a amount of weeks see an increase in a row.
When we look at the forecast of the Fattening Pig Index, it can also be seen that it deviates considerably from the forecast of the Piglet Index. The yield of the fattening pig farmers is expected to continue to rise in the long term. However, given that prices in meat sales have fallen in recent weeks, it may well be that the expected peak will only be reached at the end of the summer.
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Kimberly Baker
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