Inside Pigs
DCA Stock price collects another penny
January is almost over, but the wide range of pigs in the Netherlands is still not off the market. In Germany there is more placement space. How does the DCA Stock Price react to this situation?
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Although the broken weeks are now behind us, the range remains remarkably wide. This is reflected in the slaughter figures. Last week, 325.000 pigs were slaughtered, which is an increase of 5.000 compared to last week. This is against the seasonal downward trend. With an average slaughter weight of 101,50 kilos, the pigs are also very heavy. The high weights reveal that there is still a lot of supply in the pipeline. A number of traders will also not receive the offer next week.
In Germany the range is, proportionately, much less extensive. This is also reflected in the Internet Exchange, which today rose by 2 cents to €1,88 per kilo. Compared to the German pig price, which remained the same this week (€1,82 per kilo), the distance is now 6 cents. That suggests a small plus next week in Germany. Whether this will actually happen remains to be seen.
Meat sales still tame
Meat sales are still relatively tame. However, this could be the calm before the storm as China celebrates the New Year this weekend. Pork exports are expected to pick up this year of Rabobank even higher than last year, so that promises something. On the other hand, African swine fever has now spread in western Poland to just 12 kilometers from the border with Germany. And this situation can rightly be described as worrying.
All in all, the pig market has 2 faces. A number of traders see this positively and therefore opt for a small increase. Based on the statements at DCA Markets, the DCA Exchange Price 2.0 will increase again by €0,01 to €1,73 per kilo for the pigs slaughtered. The price of live pigs also increased by 1 cent to €1,40 per kilo.