Undertone of the pig market is purely positive

The relationship between supply and demand is fairly balanced. In general, the pigs are well taken up by the slaughterhouses. Nevertheless, the market has cooled down somewhat due to the Hauspreise in Germany. The German VEZG quotation thus had to increase from €0,03 to €1,85 per kilo this week, thereby correcting to the level at which slaughterhouses such as Tönnies and Vion left the quotation at the previous week.

However, it is not said that the price ceiling has been reached. The undertone on the meat market is positive. The Hauspreise was more of a signal that the rise rate was too high. The prosecutors and the front piece are still in great demand. The sales of the ham have also improved, after a somewhat lesser first half year. The demand for European parts is likely to be good, because of the beautiful summer weather that will happen this weekend and next week.

Competitive position improved
Sales outside Europe are currently dominated by China, although the demand is somewhat erratic. The Chinese import figures for July have now been released. Compared to 2018, the import of pork went upside down (+107% to 182,227 tons). European exporters are the largest suppliers. Due to the enormous shrinkage of the Chinese pig population, it is almost inevitable that China will remain in the market for (European) pork.

This also in view of the fact that the country Heffing. on American pork further increased from September. Slaughterhouses confirm the good sales opportunities, but do say that Chinese demand is presenting itself at times.

Stable DCA Scholarship Price
The coming weeks should show whether a further rise in the price is in the barrel. An increase is too early for the coming week. For the second week in a row, the DCA Stock Price 2.0 remains at €1,76 per kilo for slaughtered pigs. The price of live pigs is unchanged at €1,42 per kilo. 

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