DCA Stock price breaks the 2 euro barrier

It was another special week at the pig market. The German pig price (VEZG) set an annual record on Wednesday by rising by €0,04 to €1,89 per kilo. A movement that first does not and then continues Vion Germany was followed. A somewhat strange sensation that indicates that producers are currently pulling the longest straw.

Subsequently, the Internet exchange rose by €0,04 to €1,98 per kilo on Friday. This move indicates that pig prices in Germany are probably not yet at the top and another increase beckons next Wednesday. 

dwindling offer
In the Netherlands, the German connection was awaited this week and it has arrived. As a result, many traders, fueled by a dwindling pig supply, are opting for new raises. Many slaughterhouses also slaughter on Saturdays, so pigs ready for slaughter are in high demand.

Historically, slaughter rates have peaked at this time of year and this year will likely be no different. In the past week, no fewer than 326.000 pigs were slaughtered with an average slaughter weight of 99,10 kilos.

The increasing slaughter numbers are a welcome addition to the scarce meat market. China is still demanding large volumes, while the European meat market is warming up to the usually 'hot' month of December. Many carcass parts are therefore in high demand. 

Stock price attracts
Dutch trade is divided as to how the DCA Scholarship 2.0 should mutate. The average of the statements provides a definitive answer and indicates an increase of €0,03 to €1,84 per kilo. In VAT this is just over €2 per kilo, which means that the quotation has broken a historical limit. The mutation of live pigs was also €0,03, which resulted in €1,49 per kilo.

When the listing was still being made up for VAT, the Stock Exchange Price briefly recorded €2013 per kilo in 1,98 (It should be noted that the VAT percentage was still 6%). 

View the latest listing here.