Inside Pigs
Piglet price has not found a bottom yet
The DCA Stock Price remained stable last Friday (July 23) after a period of price declines. However, the DCA BestPigletPrice has not yet found a bottom and is taking a step back this week.
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The pig market has been in a negative spiral for some time now. Sales are slow, there is a wide range of pork and many stores are full. This also ensures lower prices on the piglet market. The DCA-BestPigletPrice has fallen for 7 weeks in a row. There has been no noticeable improvement on the market this week and, according to traders, sales are still very difficult.
The fact that sales have stagnated is also evident from the export figures. In the second quarter exports fell sharply and exports to Germany in particular suffered.
Further reduction
This week, traders have once again opted for a reduction in the piglet price, marking the eighth consecutive decline. The quotation drops by €2 to €31 per piglet. This is in contrast to the piglet price in Germany and Denmark, where the quotation remained stable at €36 and the equivalent is €40,30 per piglet.