Inside Pigs
Sales of individual flocks put pressure on the piglet market
The trade in piglets is still difficult. The supply is not even very large, but the demand is still further behind. What does this mean for the DCA BestPigletPrice this week?
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
Piglets are still difficult to place due to the difficult market conditions on the pig market. Last Friday (July 30), the DCA Exchange Price 2.0 will result in a further reduction. The price is only €0,02 above last year's level and is even significantly below the 2019 level.
Traders currently describe the trade in piglets as very difficult, while the supply is not excessively large. This is still largely due to loose couples that are difficult to place, especially in exports that go nowhere. Other European countries are currently experiencing similar problems and therefore import less than normal. Spain in particular, where there was a growing need for imports at the beginning of the year, is demanding significantly less.
BestPigletPrice
In practice, when there is a high demand for piglets, surcharges increase. These allowances are often left unchanged, even when the market turns. This puts extra pressure on basic prices. To give substance to this, the market master of the DCA BestPigletPrice (BPP) has NOT lowered the quotation this week, but the percentage surcharge. The surcharge is reduced by 8%.
The BPP will therefore remain at €31 per piglet this week. The VEZG quotation also moves sideways in Germany at €36 per piglet.