Inside Pigs
Is DCA Stock Price Finally Reaching a Bottom?
The pig market has been in a negative rut for some time due to disappointing sales. This is also clearly reflected in the export figures. What is the DCA Stock Price 2.0 doing this week?
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
The last increase in the DCA Exchange Price 2.0 was initiated in week 21. Since then, the mood on the market has changed, resulting in negative price developments. The reason for this is the, now widely known, disappointing meat sales. Due to the corona crisis and the African swine fever in Germany, the global meat trade has reached a low point.
Export figures
The fact that trade has taken a serious hit is also evident from the export figures. Dutch exports of fattening pigs have been significantly below the level of previous years all year. The decrease is largely due to exports to Germany.
In week 30, approximately 9.500 pigs crossed the German border. In 2019, this number was almost 4x higher, when no fewer than 34.000 fattening pigs were exported to Germany. The comparison with 2019 instead of 2020 is made because of the distorted picture last year due to the pig congestion caused by the corona crisis.
Bottom for DCA Exchange Price?
For this week, the DCA Exchange Price 2.0 remains at €1,02 per kilo for live pigs and the price for slaughtered pigs is €1,34 per kilo. This makes it look like the price has found a bottom. The.. also remained in Germany VEZG listing stable on Wednesday at €1,37 per kilo.