This week there is no further increase for the DCA Stock Price 2.0. The quotation makes a sideways movement and thus takes a rest.
Earlier this week, the German pork price hit the brakes hard and did not initiate any further increase. It is now clear that the DCA Exchange Price 2.0 is also taking a break and is breaking the upward trend of previous weeks.
The oversupply in Germany may have disappeared like snow in the sun and quickly turned into a shortage, but this is not yet the case in the Netherlands. The oversupply has stagnated considerably, but has not yet been completely reduced.
High slaughter weights
This is also clearly reflected in the average slaughter weights. They are still well over 100 kilos. In week 10, almost 330.000 pigs were on the slaughter hook with an average slaughter weight of 102,1 kilos. That is 0,2 kilos heavier than in the previous week and no less than 2,1 kilos heavier than in the same period last year.
Various increases in slaughterhouses
Slaughterhouses followed up the increase in the Stock Exchange price again last week, but not all implemented an equal increase. For example, Vion took a similar step as the Stock Exchange with an increase of €0,12 (incl. VAT), but Compaxo changed with the same price excl. VAT, making it the biggest increaser among the slaughterhouses. Not all slaughterhouses saw the same opportunity for such an increase. Pali increased by one cent less and rose by €0,11, meaning the slaughterhouse followed the same increase as that of the Stock Exchange Price 2.0. Westfort and Van Rooi were just below with an increase of €0,10.
The Stock Market Price 2.0 remains stable for week 12. This means a price of €1,54 for slaughtered pigs and €1,17 for live pigs. What the slaughterhouses will do will be announced next week.