The very large supply of fattening pigs in Europe limits the sales opportunities. The situation in Germany is getting more tense by the day. And the tightened corona measures are on top of that.
The tightened corona measures (closing catering establishments) announced by Prime Minister Mark Rutte at the beginning of this week are a setback for the Dutch pig market. Other countries are also seeing rising infection numbers and more measures. This slows down the demand for pork.
Sales of half carcasses and hams are therefore disappointing. All in all, the European meat market is volatile. The fact that the sales opportunities in China and Japan are good is therefore extra nice in these times.
Many pigs above the market
A tame meat demand is offset by a tight meat supply. This is because there is much less sex in Germany. Only approximately 800.000 pigs were slaughtered in recent weeks. It is reported (ISN estimate) that there are as many as 400.000 pigs hanging above the market in Germany. The weights are now quite high and it will probably take weeks before the situation normalizes. The situation is becoming increasingly critical.
It should therefore come as no surprise that sales of fattening pigs in our country are difficult. Many traders complain about it. In the Netherlands, slaughterhouses generally continue smoothly in combination with Saturday slaughter, but that cannot eliminate the pig plug in Northwestern Europe.
DCA Scholarship Price 2.0
There is no pressure on the pig price, nor is there room for an increase. The DCA Exchange Price 2.0 will remain unchanged next week at €1,34 per kilo for slaughtered pigs, and the price of live pigs at €1,04 per kilo.