Placing piglets is quite a challenge. Sales, especially exports, are not going anywhere.
The big problem is that Germany hardly purchases any piglets now that African swine fever has been diagnosed there. Tens of thousands of piglets cross the border every week, but currently much fewer, traders indicate. The export figures that have yet to be published should show the extent of the drop in demand.
No space
There is virtually no demand on the free piglet market and things are also slow within fixed couplings. In short, there are too many piglets than the placement space allows. Here and there an extra slaughter day is being opted for in an attempt to pull the market out of the doldrums. Whether slaughterhouses (and the NVWA) will comply with this remains to be seen.
After a significant reduction, the German VEZG quotation stabilizes at €28 per piglet. In the Netherlands, the DCA BestPigletPrice is not keeping it dry. The quotation drops by €1 to €25 per piglet.
Vion corrects
In terms of pig prices, Vion is making a correction this week by increasing by €0,03 to €1,47 per kilo (including VAT). This puts the slaughterhouse on an equal footing with the recent changes in other Dutch slaughterhouses and the DCA Stock Exchange Award since the outbreak of ASF in our Eastern neighbors.