Fattening pig index at highest level ever

The return of fattening pig farmers has reached the highest level since the creation of the Countus Fattening Pig Index. The prognosis shows that we are working towards a peak and then start a decline. The Countus Piglet Index has also acquired a more positive undertone.

The Countus Fattening Pig Index has increased by 41,1 points to 196,6 points in the past month, with 100 points being the long-term average. This means that the Index is now at the highest level since the Countus Fattening Pig Index was created. The increase is mainly due to the fact that pig prices have risen sharply in the past 4 weeks.

The fact that the Fattening Pig Index has leveled off slightly in the past 2 weeks is partly due to the introduction of a Hauspreise at the large slaughterhouses. the rest on the market turned back a bit because of this. Also the decreasing feed costs currently have a positive influence on the yield of the fattening pig farmers.

Decrease in prospect?
The prognosis of the Fattening Pigs Index makes it clear that the Index is currently working towards a high, only to start a sharp decline afterwards. If we look at previous years, this is in line with the seasonal pattern. This annual decrease is partly due to the fact that the summer months are the peak months in the market (for example, due to good BBQ weather).

The fact that the supply is starting to expand somewhat also puts some pressure on the returns of fattening pig farmers. This can lead to a drop in yield. Nevertheless, it appears from the DCA Scholarship Price 2.0 that the market is currently at a solid bottom, so that this decline can only be expected in a few weeks' time. Make a note of it the feed prices still at a relatively low level.

Piglet index chooses way up
The Countus Piglet Index has also shown improvement in the past 4 weeks, as the Index rose by 7,2 points to 119,6 points. 100 points is the long-term average. Better sentiment was also reflected in the DCA BestPigletPrice† It rose to €45,50 per piglet over the past few weeks, while declines were visible for weeks in the preceding weeks. This exerted considerable pressure on the returns of sow farmers.

The improved market sentiment is also reflected in the forecast of the Countus Piglet Index. It is expected that the yield of sow farmers will slowly increase again in the coming period. This is partly due to the stable pig prices, which makes the pressure on the market manageable. Another factor is that feed prices are still falling, so that costs remain low.

Kimberly Baker

Kimberly Bakker is an all-round editor at Boerenbusiness. She also has an eye for the social media channels of Boerenbusiness.

k.baker @boerenbusiness. Nl

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