Inside Pigs
DCA BestPigletPrice increases in fixed market
The mood on the piglet market cannot be deterred. Although the pig market looks uncertain, the piglet market is still cut from a different cloth.
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Last week it became clear that the export market for piglets in particular resulted in a strong mood. Spain played a leading role in this. But sales of piglets to Germany and in our own country also progressed positively.
High price, raised eyebrows
The strong mood at the piglet market raises the eyebrows of many managers. Because the supply of pigs may decline in the coming weeks, but the uncertainty about meat sales is certainly playing a role in the background. In practice, piglet traders report that this is reflected in more resistance among fatteners to the high piglet prices.
Based on the statements of traders, an increase in piglet prices is also unavoidable for week 7, according to input from DCA-Markets. The DCA BestPigletPrice increases by €2,00 to €67,50.
Increase in Germany
In the eastern neighbours, the VEZG quotation for week 7 increased by €1,50 to €75 and the North/West increased the piglet quotation for week 6 by €2,50 to €73,50, as expected. As a trend report, the NordWest quotation follows this week's increase in the VEZG quotation: +€1,50.