Chunk price of pigs further down

Around April, the raw materials for compound feed entered a short-lived price trough. Not much later, the price picked up again, but this has not yet continued in the July prices. The fastest decliner is the baby piglet pellet. This falls by €0,25 to €35,90. This means that the peak that the price was making has leveled off considerably. The price is still high compared to the 5-year average, but not as high as the peak reached at the end of 2018, beginning of 2019.

A dime (and a half) less
The price of sow pellets and fattening pigs will decrease by a dime, or 10 cents. This completely cancels out the increase from 2 months ago. This brings sow chunks to €25,20 and the fattening pig chunks to €24,45. The price for both is relatively stable now that the increase has leveled off. Both prices have fluctuated within €5 of the highest and lowest point over the past 4 years and have regularly increased in parallel.

A decrease of €0,15 is noted for the sow pellet lakto and the starting/transitional pellet. These prices have also been relatively consistent in recent years, although the starting/transition grain is generally about €1,50 cheaper.

Expectation
The price of pork chunks is expected to rise again next month, according to the report Boerenbusiness Compound feed price indicator. As it now appears, prices will remain relatively stable until the end of October, after which they will drop again. This is most likely because the prices of raw materials have fallen somewhat during this period; a reaction in compound feed prices always takes several weeks.

(Prices in this article apply per 100 kilos for a delivery of 32 tons)