Piglet sales fail due to lack of demand

Demand has fallen sharply due to the outbreak of African swine fever in Germany. As the weeks go by, the supply continues to increase. As a result, sales of piglets are in decline. The stable pig prices do not alter this.

German demand has fallen 
The declining German demand is also reflected in the export figures. In week 38 (the week after the detection of ASF), 69.950 Dutch piglets were sold in Germany. This is the second lowest number this year. The reduced German demand did result in higher sales figures that week in Spain and Belgium, among others. A total of 1 piglets were exported that week, which in itself is not necessarily small. There is a 'but' to this, because export prices are under heavy pressure.

To keep demand going, the price has to pay for it. In the open market, little is paid for a piglet. Within the permanent connections, sales are also slow, but the problems are significantly less serious.

BPP down
Despite the fact that German demand is very moderate, the German VEZG quotation can remain at €27 per piglet. In the Netherlands, the pig trade is calling for a reduction in the DCA BestPigletPrice, which will therefore drop €0,50 to €24,50. We have to wait until there is more placement space, which may happen when slaughterhouses do too on Saturday go to slaughter.

View the latest listing here.