Inside Pigs
Piglet sales remain poor, price continues to fall
A floor for the piglet price is within reach, but that is not yet the case. Finding buyers remains a tricky business...
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Although the sales prospects (now that Tönnies is open again) are improving, the piglet trade remains a tough business. This has been the case for weeks, according to the export figures. Many couples are offered for which there is no sales in the interior or in Germany. Export to a further destination is then an option, but that comes at the expense of the price.
From the German market, cautiously better signals are coming towards us, although the supply there is still oppressively large. Nevertheless, the VEZG piglet quote stabilized at €39 this week. So it will remain with that one hard blow from last week for the time being.
Stable pig price offers perspective
What will probably also do the piglet market well is the stable pig price. In line with the DCA Stock Price, Vion will also keep the listing undisturbed at €1,47 per kilo, including VAT. Moreover, cautiously positive signals are coming from the meat market now that sales of the luxury meat components appear to be picking up cautiously.
Based on the statements, the DCA BestPigletPrice drops by €1 to €30. The mutation can be seen as 'fine-tuning'. After all, the extent of price falls is decreasing by the week.