DCA Scholarship 2.0 remains the same

Despite the great uncertainty and rapidly falling pig prices, DCA Markets is not going to retroactively retract this week's Stock Price. The chosen method does not allow this.  

The DCA Scholarship Prize 2.0 for pigs is a price that will be announced on Friday. With the knowledge of that moment and for the coming week. If an important change occurs in that week, the Stock Price can only process that change in the next quote. Such as with the boycott by China for a number of slaughterhouses in our country. 

This was announced last Monday and has today led to (postponed) downward corrections by a number of slaughterhouses. The adjustments can be called significant, but could not have been foreseen with regard to the situation on Friday. Adjusting the Stock Price, which has been determined without reservation, is therefore not an option, according to DCA Markets. 

Many factors 
According to DCA Markets, there is another argument for not adjusting the Stock Price. Parties that have ongoing price agreements will have to mutually agree on how they want to deal with this and whether a correction is necessary in the settlement.

The outcome of this depends on many factors, such as time of delivery (before or after price correction), trader, supplier, slaughterhouse (whether or not affected by the boycott). A 'one fits all' solution is not possible here. Not even by setting a new Stock Price for this week or by applying a correction to the previous price.

DCA Markets says it understands that the situation that is now occurring is difficult, but believes that this must be resolved by means of customization between market parties.

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