Inside Pigs
Van Rooi surprises with stable pig price
While pig prices in the Netherlands are under considerable pressure, Van Rooi Meat surprised on Wednesday 25 November by recording unchanged.
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Earlier this week, Vion reduced by 7 cents and on Wednesday, November 25, Compaxo removed 5 cents from the publication price. In addition, the DCA stock exchange price also fell. The expectation was that Van Rooi would reduce his performance, but that turned out not to be the case. The quotation remains stable at €1,19. The reason for the deviating change is not known, although Van Rooi often likes to be surprising in terms of price changes. A windfall for the slaughterhouse's suppliers.
German market
The German VEZG quotation remains stable this week at €1,19 per kilo. Also surprising, because the pressure on the German market is great. There is no glimpse yet of relief in the form of increasing slaughter figures. Last week there were only 808.000 pigs on the hooks, the lowest number in weeks. The oversupply is large and is estimated by ISN at more than 500.000 pigs.
Tönnies has indicated that it will give priority to the heaviest pigs for the slaughter hook to give the market some breathing space. Germany's largest meat company previously announced that it wanted to increase the slaughter rate by 40.000 pigs. Whether this will reduce the pressure on the market remains to be seen in the coming weeks.