Inside Pigs
The rack is far from over the piglet price
The 'knowledge' that pigs will remain expensive for the time being gives the piglet market support.
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Many fattening pig farmers view the market with confidence and are willing to stock piglets. According to traders, placement space is becoming available in many places, as slaughter figures have been above the 300.000 limit for weeks. Many pigs will also be slaughtered in the coming weeks.
Germany is requesting additional couples, while demand from Spain is also increasing. This is reflected in the foreign quotations. The VEZG piglet price will increase this week by €1 to €61 per piglet, due to a growing imbalance between supply and demand. The Spanish piglet price even increased last week by €3 to €47 per piglet.
Don't leave the market yet
In the Netherlands, the DCA BestPigletPrice increases this week by €1,50 to €54,50 per piglet. Moreover, the stretch is not over yet. In a demanding market like now, price increases, historically speaking, last until the broken weeks around Christmas and New Year.
The upward movements then usually resume quite soon in the new year and usually continue well into spring. Calculated from the current (relatively high) levels, the question is therefore how far the ceilings reach. In any case, new price records seem to be a matter of time.