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Inside Pigs

Pig price lends piglet market a hand

5 August 2019 - Wouter Baan - 20 comments

The piglet market has been in difficult waters in recent weeks, but the prospect of better sales is increasing. The demand for piglets is picking up now that pig prices are on the rise.

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Although the demand for piglets is still not booming, sales are easier than a few weeks ago. The rising pig price is tempering the resistance of fattening pig farmers. In addition, the piglets are priced more favorably due to the recent fall in prices.

German market in balance 
The above does not alter the fact that there are still loose couples floating above the market that are difficult to place. Demand from Spain is weak, although that is normal for this time of year. Better sounds come from Germany. The supply there is in line with demand. German piglet prices have therefore stabilized at €56 per piglet. Prices in Denmark have also been moving steadily for a few weeks now.

In the Netherlands, a large number of traders advocate a stable DCA BestPigletPrice (BPP). At the same time, there are also traders who believe that the quotation is not yet in line with the market situation and should therefore be lowered further. The entries at DCA-Market show that the difference between the lowest (€41) and highest (€5) entry is €5 per piglet. This characterizes the different views that exist. The BPP remains at €44 and thus finds a bottom again after 7 weeks.

Vion increases 
Vion's pork price increases by €0,05 to €1,83 per kilo. The slaughterhouse thus demonstrates improved meat sales. With the exception of the pork tenderloin, almost all carcass parts are increasing in price. The prices of attorneys in particular are rising rapidly. Although various meat processors slow down during the holiday season, there is a shortage of raw materials. 

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