The sale of piglets is very difficult. The throughput of fattening pigs is drastically disrupted by the loss of slaughter capacity in Germany, which increases the oversupply by the day.
The market is packed and trade is faltering on all sides. This is because there are not nearly enough customers. Fixed couplings do not connect to each other and the closed companies also lack stable space. In view of falling prices, fattening pig farmers are - to make matters worse - reluctant to take in flocks.
The problems are also increasing in Germany, but because the Netherlands is an export country, the pressure is even greater here. There is no cure for the problem. The Tönnies location in Rheda Wiedenbrück will be closed until Friday 17 July, and until then the sale of finishers and piglets will be limited. In the weeks that follow, the market will also need time to recover.
BPP down hard
The German piglet price (VEZG) is falling this week by €6 to €49 per piglet. In the Netherlands, traders are opting for much larger reductions. The DCA BestPigletPrice thus decreases by €10 to 33 per piglet. The hope is that the substantial reduction will lead to more placement space.
Vion's pig price has fallen this week by 4 cents to 1,47 per kilo. After the decrease of 15 cents last week, this change is in a sense not too bad. Vion speaks of a weak meat market as a result of the lack of the tourist season in Southern Europe. In addition, the slaughterhouse has problems with the square footage now that exports to China have largely ceased.