Inside Pigs
Pig prices are shooting in all directions
We knew the pig market was shrouded in mystery. However, no one probably predicted that the differences in mutations would turn out so large during the week.
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Last Friday, when the DCA Scholarship Award 2.0 unchanged noted, it was already known that the sword of Damocles hung above the market. The extremely wide supply of mostly heavy meat pigs, in combination with increasingly difficult meat sales, had become too much for the pig market. At the end of last week, the question was not whether, but by how much, slaughterhouses would reduce their prices.
Big differences
Now, a few days later, we can conclude that unanimity in the slaughterhouse quotations is hard to find. Where Vion lowered by 8 cents on Monday, Van Rooi Meat kept it at minus 5. Compaxo in turn lowered the price by €0,10. And to make it even more hazy: an unchanged pig price came from Germany, where price pressure was also said to be intense. The VEZG quotation remained at €1,27 per kilo on Wednesday afternoon.
DCA Scholarship Price 2.0
Based on the statements of pig traders, the DCA Exchange Price 2.0 for slaughtered pigs will decrease this week by €0,07 to €1,27 per kilo. The price of live pigs yields €0,06 to €0,98 per kilo. The market probably needs a few more weeks to settle to the lower levels.
Note from DCA-Markets: The total responsibility for compiling the DCA Exchange Price 2.0 and the DCA BestPigletPrice lies with the owner of the quotations and that is DCA. Suggestions that other parties are involved or have a hand in finalizing the DCA quotations through some arrangement are far from the truth. Via the link at the bottom of this article you will be referred to the explanation and you will also find the specifications of the DCA Exchange Price 2.0 quotations in this case.