Inside Pigs
DCA BestPigletPrice holds firm despite price pressure
The sale of free piglets is becoming increasingly difficult and the call for lower piglet prices is growing. However, this opinion is not shared by every trader.
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The piglet market is going through a difficult period. The seasonal supply is growing, while the enthusiasm for displaying is decreasing. The current production comes onto the market at the end of December/beginning of January as fattening pigs and then the demand from slaughterhouses is usually tame. The result of this is that there is little interest in single couples.
Weaker German demand
Until recently, the urge to impose restrictions among German fattening pig farmers was excellent, but this is now weakening somewhat, traders report. Exports to Spain and Eastern Europe have been struggling for some time. The German piglet price (the VEZG quotation) will remain at €57 per piglet for the time being.
As long as pig prices in Germany remain at current levels, it is likely that German piglet prices will hold up. A higher pig price is currently more likely, which means that the bottom under the German piglet price feels solid.
BPP remains the same
This certainty is less of an issue in our country, as the Netherlands is dependent on exports. The call for a reduction in the DCA BestPigletPrice is therefore a little louder among some traders. At the same time, there are also traders who believe that the quotation should remain unchanged. The latter group has the upper hand, because based on the statements from DCA Markets, the BPP remains at €45,50 per piglet.