News Pigs
Recovery of the fattening pig index is delayed
The DCA piglet index continues the upward trend, which started at the end of 2020, in 2021. The piglet index has reached its highest point since September last year. The fattening pig index is still unable to gain ground.
The piglet index reached 4 points in week 51,5 (100 points is the 5-year average). This is the highest number of points since September 2020 and the index is no less than 15,1 points higher than in week 53. The largest increase took place in week 1. When the index rose by 9,6 points. In the weeks that followed, the difference narrowed, but the index did rise.
Lowest level since March 2019
The fattening pig index still shows no recovery. Since November (week 45), the index has been falling weekly. The index ended 2020 with points equal to the 5-year average. In week 2, the decline was briefly halted, but then the index fell further. It should be noted, however, that the difference in points starts to decrease every week. In week 4, the index was trading at 89,3 points, just 0,6 points lower than in the previous week. The index has reached its lowest level since March 2019.
Upward trend expected
Although it took a while, according to the forecast of the pig indices, an upward trend is on the way. Not only the piglet index, but also the fattening pig index will recover as expected. According to the forecast, meat sales will gradually increase seasonally. However, this forecast does not take into account the corona crisis. Recovery may be hindered if the catering industry remains closed.
Chanti Oussoren
© DCA Market Intelligence. This market information is subject to copyright. It is not permitted to reproduce, distribute, disseminate or make the content available to third parties for compensation, in any form, without the express written permission of DCA Market Intelligence.
