Everything is against the piglet market

There is little left of the smooth piglet sales of a few months ago. Many traders are left with an oversupply, for which there is hardly any placement space. Interest is very low, both at home and abroad. 

little demand
Meat pig farmers in Europe are in no hurry to impose restrictions, now that pork prices have taken a hit in recent weeks. A starting point is that (in addition to the stable mutation of the DCA Stock Exchange Price) the Vion pig price also indicates that the bottom has been reached for the time being. The slaughterhouse leaves the quotation at €1,78 per kilo. However, it is not obvious that this will boost demand for piglets in the short term.

In addition, piglet sales are stagnating due to a more limited flow of fattening pigs. Due to the holiday period, activities at slaughterhouses are at a lower level and less slaughter takes place. Moreover, stagnation is lurking in the coming days, when temperatures will rise to 40 degrees in places.

The domestic market is therefore packed. Especially because demand from export destinations has also dropped significantly. Typical of this is the German VEZG piglet price, the predecessor of the Nordwest quotation, which has again lost €4 this week to €56 per piglet. The Spanish piglet price also dropped from €4 to €40 per piglet last week.

Big cut for BPP
Due to the high temperatures, the heat protocol will come into effect this week. This obviously does not make it any easier to cover longer transport distances. The only 'solution' that traders see is to significantly reduce DCA BestPigletPrice. Based on the statements at DCA Markets, the quotation drops by €3 to €46 per piglet.

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