Inside Pigs
DCA Stock price continues to rise in troubled market
It was a restless week in the pig market. The oversupply of pigs is shrinking. The DCA Stock Price 2.0 has now started an upward trend and will set another significant increase for next week.
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In Germany, the oversupply of pigs has fallen sharply in recent weeks and the demand for pigs is increasing again. The current supply is even just enough to meet the demand. The slaughter weights are also gradually decreasing. The average weight has fallen to 98,6 kilos, which confirms the decrease in the supply.
Also the regionalization agreement with Singapore is positive for pork sales, it is hoped that other countries will follow suit.
In short, positive signals for the European pig market and also for the Dutch sector. The German VEZG listing already set a significant increase in and elsewhere in Europe prices are also on the rise.
Resurgent market
The oversupply of pigs in the Netherlands has not yet been completely eliminated, but it is decreasing and demand is good at the moment. The piglet supply, on the other hand, quickly switched from a surplus to a shortage. Among other things, the stopper scheme, in which mainly sow farmers participate, plays a role in this. The pig market therefore seems to be recovering and the prospects are not bad.
The DCA Stock Price 2.0 is responding to the market sentiment and is again increasing this week. The quotation of slaughtered pigs increases by €0,07 to €1,33 per kilo. The price of live pigs also rises, increasing by €0,06 to €1,00.