Inside Pigs
A glimmer of positivity in the market
The mood in the pig market is steadily improving. In Germany there are no more large overhangs and there is also some positivity in the Dutch market. However, meat sales are still limited. With the holidays around the corner, this may be given extra incentive.
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Sentiment on the pig market seems to have improved slightly this week. In week 17, almost 267.000 pigs were slaughtered in the Netherlands. Compared to the previous week, this is a decrease, but the slaughter figure is above the level of previous years. With the exception of the year 2020; then there were more pigs on the slaughter hook, namely 315.000 pigs.
The slaughter weights have decreased slightly. While the average slaughter weight in week 16 was still 99,6 kilos, this was slightly lower in week 17 at 99,4 kilos. The average slaughter weight has also fallen in Germany, with 0,4 kilos the decrease is even slightly greater than in the Netherlands.
German market
The German internet stock exchange also shows better sentiment. The average price rose to €1,51 and 5 of the 6 lots offered were traded. The German VEZG quotation, on the other hand, remained unchanged on Wednesday at €1,42 per kilo. The oversupply may be less, sales are still slow and there is a lack of impetus at home and abroad, according to the German market.
DCA Scholarship Price 2.0
The DCA Exchange Price 2.0 may also see a small increase towards next week. The price of slaughtered pigs increased by €0,01 to €1,49 per kilo and the price of live pigs for week 19 remains unchanged at €1,12 per kilo.
The supply may have been reduced somewhat and sentiment has improved slightly, but the situation can quickly change again with 2 broken slaughter weeks ahead. It remains a volatile and unpredictable market.