Inside Pigs
DCA Stock price 2.0 falls hard
The situation on the pig market is getting more dire. The supply of pigs is decreasing, but there is so much pork on the market that the DCA Stock Price 2.0 will have to drop sharply this week.
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The seasonal trend and weather conditions beckon for better pork sales and, partly as a result, perhaps a higher pork price. Unfortunately, this is far from reality. The pork supply is decreasing somewhat and more pork is being purchased now that the barbecues are running at full speed. This does not lead to a higher pig price.
The problem regarding the large amount of pork on the market, which was also the case last week, has not improved. The European pig market is still flooded with pork, now that Chinese import needs have fallen sharply.
Dropped last Wednesday the German VEZG listing is already strong and today the DCA Scholarship Prize also has to make a significant sacrifice. The quotation for slaughtered pigs drops by as much as €0,09 to €1,51 per kilo. The price for live pigs decreases by €0,07 to €1,14 per kilo.