The pig price in Denmark has again set an upward trend, according to the price comparison of the German representative ISN. This means that the country's pig price is moving towards the price level in Spain, as the price fell again here last week.
The ISN price comparison shows that the Spanish pig price has fallen by €0,006 this week to €1,892 per kilo. The pig price in France falls in the same order of magnitude and amounts to €1,897 per kilo. This also means that the distance between the 2 countries remains the same this week last week. Denmark's pig price, on the other hand, is getting closer to these countries. The price increases this week by €0,027 to €1,843 per kilo, making it the fourth price increase in a row.
If we look at other pig prices in Europe, a more stable trend is visible. The German pig price this week is at €1,796 per kilo for the eighth week in a row. The pig price in Belgium also remains unchanged and is recorded at €1,655 per kilo for this week. It is the seventh week that this level has been used.
The Netherlands is keeping course stable
The pig price in the Netherlands is also stable, as the ISN price comparison shows. The pig price is €1,723 per kilo for the tenth week in a row. Although the demand from China, due to the many outbreaks of African swine fever in the country is extremely good, the pig price is unable to move up. This is partly due to the fact that the offer relatively spacious which is also reflected in the slaughter figures. They have been selling above 300.000 for weeks.
A higher pig price in this period of the year would also be exceptional (historically speaking). Several traders do not expect the price to rise in the long term, but rather in the short term. This is because there is usually no shortage of supply in the period around Christmas. Another factor is that stables need to be emptied towards the end of the year.