Inside Pigs
Grumpy reigns on grim piglet market
The piglet market is in a grim mood. Trade is difficult, fatteners offer resistance and there are hardly any buyers for loose flocks.
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The pig market is in a negative spiral, as has been the case in recent weeks. Due to a wide supply, prices drop and trade becomes more difficult.
There is a similar trend on the piglet market. The supply is greater than the purchasing needs and there is a grumpy mood among masters. It is difficult to place individual couples and this is also clearly evident in exports.
Export drops to low point
The export figures confirm the downward trend. In week 25, a total of approximately 105.000 piglets were exported. This is considerably lower than the level of previous years. Exports even reach the lowest level around this time of year since 2017.
According to traders, a reduction in the piglet price cannot be prevented this week due to the persistently difficult market conditions. The DCA BestPigletPrice drops by €1,50 to €37 per piglet. The piglet price will then drop back to the level at the end of February this year. At the time, the price was actually on the rise.
The downward trend is not only happening in the Netherlands, the VEZG listing is also not holding up this week in Germany. The price there drops by €3 to €42 per piglet. Although the Danish piglet price is also falling, the difference is becoming smaller. The price this week is €49,10.