Inside Pigs
Stock price still rises in wider range
The supply of pork on the European market is ample, nevertheless the DCA Stock Price 2.0 manages to take a step up for next week. The sunny weather and the higher temperatures are boosting the mood in the pig market.
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There is a wider range of pork on the European pig market. This is due to declining exports to China and the country's lower willingness to pay high prices. Parties that have recently exported larger volumes of meat to China, such as Spain, now want to sell the meat elsewhere. As a result, a lot of meat ends up on the European market.
DCA Scholarship Price 2.0
Despite the wider range, the DCA Exchange Price 2.0 will not decline this week. The sun and higher temperatures give meat sales a boost, albeit a limited one. Due to the late start of the barbecue season, in combination with the reopening of the catering industry, the market can absorb a lot of meat. The German VEZG quotation therefore rose this week by €0,03 to €1,57 per kilo.
The Stock Exchange Prize can also make a small plus for next week. The price for slaughtered pigs rises to €1,60 per kilo and live pigs are listed at €1,21, which means a plus of €0,01 in both cases. It remains to be seen whether slaughterhouses will follow this example next week. Prices there remained stable last week.
European pig prices
The German ISN price comparator shows that pig prices in the main European countries are generally stable to slightly increasing. The Spanish quotation is head and shoulders above the rest with a difference of almost €0,25 compared to the Danish quotation. The Dutch and German pig prices are still above Belgium, but they also have some catching up to do compared to the French price.