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Analysis DCA Pig Index

DCA Pig index significantly lower than 2019

8 July 2020 - Chanti Oussoren

The DCA pig indices show a contradictory picture over the past few weeks. The finishing pig index and piglet index are both at a comparable level to week 23, but have fluctuated and are both below last year's level.

The DCA finisher index in week 27 is at 132,6 points, with 100 points counting as the 5-year average. The DCA piglet index is at 103,6 points. Both indices are not significantly higher or lower than in the previous measurement (week 23), but they have developed differently. Where the fattening pig index fell in the first weeks and recovered in the last week, the piglet index rose in the first week but fell back in the last week.

The fattening pig index increased in week 27 by no less than 5,5 points. Thanks to this substantial increase of 4,3%, the index is recovering somewhat from the decline in the previous weeks. The piglet index actually decreased by no less than 27 points in week 6,4, which is a return from the increase in the previous weeks.

Both indices have stagnated compared to the same period last year. The fattening pig index is 8,7% lower and the piglet index no less than 31,4% lower.

Uplifting offer
It is difficult to estimate what the indexes will do in the coming weeks, given the current situation surrounding the corona crisis. Now that it appears that the German Tönnies will remain closed until at least 17 July, it is not inconceivable that the Dutch supply will continue to roll up. How big the impact of this will be on the pig indices remains to be seen.

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Chanti Oussoren

Editor at Boerenbusiness who studies the dairy, pig (meat) and feed markets.

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