The negative spiral on the piglet market was broken last week. The demand for piglets is increasing, which is good for the market. The DCA BestPigletPrice is again making a significant increase this week.
The tension on the market was palpable for a long time, but last week the increasing demand on the piglet market caused a turnaround. The demand for piglets is increasing, also from abroad. There is renewed interest in Dutch piglets, especially from Spain and Germany. The export prices achieved in Spain are considerably above market prices.
Despite the current positive mood on the piglet market, the further prospects are still unclear. The fattening pig market remains in the selection from a wide range. It is expected that part of the oversupply will continue into the new year, although there are hopeful signs that the Saturday slaughter can continue.
DCA BestPigletPrice continues to rise
The German VEZG quotation remains the same this week at €23 per piglet, and the Danish price will not rise any further this week. The DCA BestPigletPrice continues last week's significant price increase. Despite the broken week of Christmas, the price will increase by €2 this week to €25 per piglet.
In just 2 weeks, the piglet market managed to achieve an increase of €4,50. The price is still well below the level of previous years, but given the market conditions this is not surprising.