Inside Pigs
Why piglet market has turned like a leaf on a tree
After a period of extreme pressure on piglet prices, the air is starting to clear. Music is back on the market now...
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
The mood on the Dutch piglet market is a lot more positive than in recent weeks. The reason for this is twofold. We are in a period of drying up supply and the flock sizes at propagators are smaller, traders indicate.
Less availability
In addition, fattening pig farmers in Europe are more often willing to put on new piglets the day after delivery of the fattening pigs. In recent weeks, further price drops were expected. The piglets that are now being traded will arrive at the slaughter line as fattening pigs in April and by then the problems on the pig market will probably have faded into the background, or so the idea is.
Although we certainly do not want to downplay the recent sales problems, the oversupply was probably somewhat exaggerated in mid-November. Often 1 lot is offered 10 times, which easily magnifies the negative mood.
A considerable number of propagators will stop producing at the end of this year, which means permanent connections will also disappear. As a result, some fattening pig farmers are looking for new connections. This creates mood in the market on the demand side. The export of piglets to Spain and Germany is also improving.
Increase in BPP
All in all, the Dutch piglet trade is running a lot more smoothly. Based on the specifications, the DCA BestPigletPrice increases by €2,50 to €23 per piglet. The German VEZG quotation also rose by €1 to €23 per piglet, while the Danish and Spanish quotations are also improving.