Inside Pigs
DCA BestPigletPrice again unchanged
The pig market continues to be in dire straits, just like the piglet market. The corona crisis and African swine fever (ASF) are leaving a mark on the markets and finding sales is still far from smooth. The DCA BestPigletPrice is keeping it dry again this week.
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Now it turns out that the first ASF infection outside the state of Brandenburg has been found unrest on the pig market continues to increase. The corona crisis also continues to have a grip on the market and limits slaughter capacity. It is reported that there are currently around 500.000 pigs ready for slaughter hanging above the market in Germany. Almost unbelievable numbers that cause major headaches.
It is also not easy to find sales opportunities in the Netherlands, which results in a backlog in the sales of piglets. The demand for pork from the catering industry has also fallen, although this is being compensated here and there by retail.
DCA BestPigletPrice stable
The German VEZG quotation has been stable for several weeks and remains at €27 this week. The Danish piglet price, on the other hand, has to drop significantly this week. When the quote is converted, it amounts to €31,60 this week, down €4 compared to last week.
The DCA BestPigletPrice once again remains unchanged at €23,50. This means that the quotation remains stable for the fifth week in a row. When the price level is compared with the 5-year average, a negative difference of 33,4% is found. Given the current events in the market, this is not surprising.