Inside Pigs
DCA Stock price 2.0 stable for 8 weeks in a row
The hopes of a higher pig price are increasingly dashed as the weeks go on. A wide range of pigs keeps the market in balance.
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Pig prices have been moving steadily for weeks. It goes too far to say that prices are set in stone, but there are also no signals that indicate an increase or a decrease.
Sales of pork to China are (and will probably remain) so good that the traditional autumn dip can easily be countered. At the same time, the supply of pigs ready for slaughter in the Netherlands and surrounding countries is so ample that an increase is not an option. This despite the fact that slaughterhouses also started slaughtering on Saturdays.
Meat market in balance
The meat market within Europe is reasonably balanced, with mainly stable prices. In view of the October festival in Germany, breeding sows have been requested by slaughterhouses. For example, Tönnies increased the quotation this week by €0,02 to €1,33 per kilo.
However, a higher pig price is not realistic, according to the statements from DCA Markets. The DCA Exchange Price 2.0 for slaughtered pigs is unchanged for the eighth week in a row at €1,76 per kilo. The price of live pigs remains at €1,42 per kilo. Such a stable period at this time of year is not usual.