Inside Pigs
Piglet price manages to maintain its upward trend
The piglet market got off to a good start in the first weeks of the year. The oversupply is drying up, the demand is increasing and that results in price increases of the DCA BestPigletPrice. This week there is again talk of a plus.
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In the first weeks of the year, demand for piglets was mainly good, both at home and abroad. There was a lot of interest in Dutch piglets, especially from Spain. This is also evident from the export figures: in week 1, almost 40.00 piglets from our country crossed the Spanish border.
This week the demand for piglets is somewhat tamer than previous weeks. This is partly due to the limited slaughter capacity, which makes it difficult to sell fattening pigs. This limits the space available for piglets. The aftermath of the bad weather conditions in Spain (heavy snowfall) also plays a role, as demand has fallen sharply since last week.
VEZG listing rises
In Germany, sentiment on the pig market is still not positive and there are still many pigs hanging over the market. Nevertheless, the German VEZG piglet quotation is taking a step up this week, just like last week. In contrast to the ample supply of fattening pigs, the piglet supply in Germany is drying up somewhat. The VEZG quotation increases by €1 to €25 per piglet.
Plus for BPP
The DCA BestPigletPrice has undergone significant price increases in recent weeks. Last week the pace slowed down somewhat, but there was still a cautious increase of €0,50. This week the quotation also increases by €0,50, bringing it to €29 per piglet. The Danish piglet price has also been on the rise in recent weeks. This week is no different, the quotation rises and amounts to €31,60.