Uncertain market: DCA postpones publication Stock price

Now that Christmas is rapidly approaching, many more pigs ready for slaughter are being offered. This also has to do with the stopper stables. The supply in Germany is also more than sufficient to fill the slaughter hooks.

Broken weeks ahead
There will be plenty of slaughter next week. In the following 2 weeks, a number of slaughter days will be canceled and the demand for pigs will decrease rapidly. The question is how the pig price will respond to this. In the past, there were years when the price had to fall sharply, although there were also years when the quotations held up quite easily. Opinions are divided about this year. Several Dutch slaughterhouses are threatening to make significant adjustments to the pig price; reductions between €0,10 and €0,20 per kilo can be heard in the market.

A reduction is also expected in Germany. The threats are a result of the difficult negotiations with China for 2020. This makes traders uncertain. They opt that DCA Exchange Price 2.0 should prepare for such a reduction. The other traders argue that they should keep their fingers crossed and record prices unchanged. The differences in views are therefore large. 

No listing due to uncertainty
All in all, this is an exceptional situation. The market is under high tension. That is why DCA-Markets has, exceptionally, decided to postpone the publication of the Stock Exchange Price until Wednesday, December 18. It protocol provides this.

It is too uncertain how the pig market will develop next week and the interests are too great to push the market in one direction. If slaughterhouses really want to reduce costs, they must take the lead themselves. 

View the latest listing here.