Inside Pigs
Vion is stable, no bottom for piglet price
The price pressure on the piglet market has not yet abated, but there is something on the horizon...
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Following the DCA Stock Price, the pig price of Vion also remains stable, at €1,47 per kilo. This puts an end to a short but severe price decline, only a few weeks ago the quotation was almost 20 cents higher.
An acute oversupply of pigs ready for slaughter, in combination with an export ban to China, fueled the severe price pressure. The carcass parts are also showing a stable picture on the meat market, according to the changes in DCA for this week.
Stiff piglet trade
Although the stabilizing pig prices (in combination with the reopening of Tönnies from next week) offer prospects for better times, the piglet trade remains a tough affair for the time being. There is no sales for a large number of couples. However, it is suspected that several couples are offered at the same time in many places, which would lead to an exaggerated offer.
The German VEZG quotation has suffered a significant drop this week and falls by €10 to €39. This is the lowest level in eighteen months. After a significant downward revaluation last week, the bottom for the DCA BestPigletPrice is in sight, but it is not there yet. The quote has to drop €2 to €31 per piglet this week.