Inside Pigs
DCA Stock price nods slightly in a rough market
Pork sales are still weak due to the sharply reduced export volumes. This is creating a gloomy mood in the pig market. The DCA Stock Price is struggling to keep up in such a sluggish market.
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Since export volumes have fallen sharply, it has become a difficult task to sell the pork supply. Not only is less pork being imported into China, less pork is also being exported to countries such as Thailand, the Philippines and Vietnam due to lockdowns related to the corona crisis.
In addition, due to African swine fever (ASF) in the German pig herd, Thailand has now stopped the import of German pork for a period of at least 90 days. This creates increasing pressure on the European market. Domestic demand cannot currently match the ample supply. Last Wednesday (August 4) has already significantly lost its German VEZG ranking. The German ISN price comparator shows that the downward trend continues in the most important pig countries in Europe.
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Stock price remains unchanged
The DCA Stock Exchange Prize 2.0 is showing a small spring this week. This means that the DCA quotation for live pigs remains stable at €1,02 per kilo and the price of slaughtered pigs has to give up a cent and amounts to €1,34 per kilo.