Inside Pigs
Despite resistance plus sign for DCA BestPigletPrice
After the increase in the pig price, there is a plus for the piglet price. Why is it like that?
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The piglet market has been in dire straits for weeks and this situation has not yet come to an end now that pig prices have risen considerably. The piglet trade is therefore going a little more smoothly, but is not yet smooth in itself. This is especially true for free couples, but things are better within fixed couples.
The slaughter figures have recently shown an increase and it is expected that this trend will continue, as is usual seasonally. Van Rooi has indicated that he will slaughter more and, according to traders, this is also noticeable. This frees up more space for placing piglet flocks. Export demand is not wild. Spanish demand is weak and sales to Germany are quietly stable. The fact that the German VEZG quotation remains the same at €39 per piglet is in line with that situation.
Increase based on statements
There is a widely supported desire within the Dutch pig trade to increase the DCA BestPigletPrice. Compared to other quotations, the BPP has fallen too far. The idea is that an increase can also bring the market into better balance. In the same breath it should be noted that this wish is not shared by everyone. You could say 'fifty-fifty'. Based on the statements, the BPP increases by 50 cents to €30,50 per piglet.
It is not expected that the listing will make any progress in the coming weeks, because it is only September. A friendlier market is only expected from mid-October.
Meat market responds to higher pork prices
The meat market is responding positively to the higher pork price. Various components (including hams, shoulders and center) show a significant increase of 5 to 10 cents per kilo, according to the changes from DCA Markets.
The big question in recent days was how Vion would respond to the rising pork price at other slaughterhouses, given that the largest meat group in the Netherlands is the only one that has not yet received China recognition. The slaughterhouse has decided to add 5 cents, bringing the quotation to €1,52 (including VAT) per kilo.