Inside Pigs
DCA Stock price has to give in to a wide range
The pig market in Europe is weak and sales are difficult. The offer is wide and cannot be slaughtered. The slaughter has fallen sharply and the slaughter weights are increasing. This week, after a period of stability, the DCA Stock Price 2.0 takes a step back.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
It was already known that the pig market is hoping for good weather conditions that can boost meat sales. Unfortunately, real barbecue temperatures have not yet arrived and this cannot revive the market. This is in contrast to a still wide range.
Last Wednesday the authoritative German VEZG rating has already fallen considerably and surrendered no less than €0,08. The moderate domestic demand - partly due to the loss of sales to the catering industry - in combination with the corona-related slaughter capacity and loss of sales to Asia due to the African swine fever outbreak in Germany, means that the pork price had to compromise.
Fewer massacres
The number of slaughters has also fallen sharply. In the Netherlands, approximately 15 pigs were slaughtered in week 256.000 and the average slaughter weight was 100,9 kilos. When the figures are compared with last year's level, more than 50.000 fewer animals were hung on the slaughter hook this year and the average slaughter weight is no less than 1,7 kilos higher than last year.
{{dataviewSnapshot(36_1619189316)}}
Scholarship price 2.0
Last week the DCA Exchange Price 2.0 was still dry in the difficult market, but this week the quotation will be lowered. The reduction is less significant than in Germany, but the Netherlands is not faced with export bans in connection with ASF. The price for slaughtered pigs drops by €0,07 to €1,47 per kilo. For live pigs, the price decreases to €0,06 and drops to €1,11 per kilo.