Inside Pigs
Is DCA Stock Price Keeping Above Water?
The situation on the pig market is still dire. Can the DCA Stock Price 2.0 survive this week?
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The European pig market is still in disarray due to the ample supply due to declining Chinese import needs. Pigs are difficult to place and placing piglets is also difficult. This has caused prices to fall. Quotes are also under pressure on the entire European pig market. It took a while, but the pig price in Spain is also falling, although the country remains head and shoulders at the top in the ISN Price Comparator.
In the meantime, things seem to be taking a pause in Northwest Europe. The German VEZG quotation remained stable last Wednesday at €1,48. And the DCA Exchange Price 2.0 will also not increase or decrease this week. This means €146 for slaughtered pigs and €1,10 for live pigs. Last week the quotation had to lose €0,05 and this example was also followed by Dutch slaughterhouses.
Dutch massacres
In week 25, almost 307.000 pigs were on the slaughter hook. Remarkably, this level is still 7,3% above last year's level. This difference cannot be entirely attributed to the corona crisis, the slaughters are also above the 5-year average of approximately 295.500 animals.
The average slaughter weight has generally been decreasing since week 21 and fell to 25 kilos in week 98,2. Compared to the same period last year, this is a decrease of 0,3 kilos. The average weight is 1,26 kilos above the 5-year average.
Massacres in Germany
In Germany, massacres have fallen further. In week 25, approximately 815.000 pigs were slaughtered. This is 3,8% less than last year. Compared to the 5-year average, the slaughters this year are 8,4% lower. The average slaughter weight in week 25 was 96,3 kilos. That is a decrease of 0,4 kilos compared to the previous week.