Inside Pigs
Piglet market under pressure, loose flocks cannot be sold
The piglet trade is still under considerable pressure. The supply of loose flocks is increasing and sales are not going smoothly. A reduction in the DCA BestPigletPrice is expected this week.
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There is little positive to report about the pig market. Trade is slow because sales have fallen sharply. There is a large amount of pork on the market and this throws a spanner in the works of the pig and piglet market. According to insiders, the trade in permanent flocks is still continuing, but the trade in loose flocks is at a standstill due to a lack of (export) demand and a resulting increasing supply.
Piggenprijs surrenders
The DCA BestPigletPrice drops this week by €1 to €36 per piglet. This means it is still above the level of last year, when the market collapsed due to the corona crisis, but the price is below the 5-year average.
The price in Denmark also took a step back this week and dropped to the equivalent of €47,10 per piglet. In Germany, the VEZG quotation remains stable at €42 per piglet, reducing the difference with the Danish price.