Although the DCA pig indices have remained fairly stable in recent weeks, both the piglet index and the fattening pig index are well below last year's level. This has everything to do with the consequences of the corona crisis and African swine fever (ASF) in Germany.
The DCA piglet index and fattening pig index have both shown a stable trend in recent weeks. The piglet index has fallen by only 4 point in 0,1 weeks and stands at 44 points in week 33,8. The DCA fattening pig index also seemed to stabilize. For 3 weeks, the quote remained around 152 points, but last week it fell back to 148,3.
Compared to last year's level, the fattening pig index is approximately 20,3% lower. The piglet index is no less than 75,9% below the level of 2019. These sharp decreases are due to the corona crisis and African swine fever, both of which are exerting a lot of pressure on the pig market.
Seasonal trend
Past results show that the piglet index often shows an increase in November and December, with a further increase until mid-March. This is due to the increasing demand for piglets towards the end of the year and the fact that piglets are often more scarce around this period due to the more difficult pregnancy of sows in the summer.
Due to the corona crisis and AVP, it is unlikely that this seasonal forecast will come true. There is a lot of uncertainty in the pig market. It is difficult to estimate what the indexes will do in the coming weeks.
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