Inside Pigs
No further reduction for DCA BestPigletPrice
After 4 reductions in a row, the DCA BestPigletPrice remains unchanged this week.
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Although the piglet market is still far from running smoothly, there is some support to be seen. In the sense that residual flocks have recently stopped declining in value, traders indicate. The prices that export flocks fetch in Spain, for example, are still considerably below the quotations.
Exporting to Spain is a way out slumped sales to Germany now that demand has fallen sharply due to the outbreak of African swine fever. This partly works. The supply of piglets is and remains large, the delivery weights are high and finding placement space is sometimes a crime.
Soil brings peace
Nevertheless, traders within the advisory committee have opted not to let the DCA BestPigletPrice fall further this week. This opinion is also shared more often outside of the country. A price floor may create more calm in the nervous market. This also means that (foreign) customers are no longer encouraged to sit back and relax. The argument is put forward that the residual flocks to Spain should not undermine the entire Dutch market, because these are relatively small numbers.
The DCA BesPigletPrice therefore remains the same this week at €23,50 per piglet. The German VEZG quotation is unchanged at €27. Stable quotations are also visible on the pig market. Following the stable DCA Stock Exchange price, Vion is also keeping the weekly price unchanged this week at €1,47 per piglet (including VAT).