Inside Pigs
German pig market is cracking at the seams
Every week in pig land, the eyes are focused on the development of German pig prices. The Nord/West listing acts as the hub of the European pig market. How is the Nord/West going this week?
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In Germany, just like in other European countries, a real summer is sorely missed. A summer in which grill and BBQ activities are fully utilized. As a result, sales of meat parts are moderate, while Germany would benefit from more meat purchases. The consequences of the corona pandemic have been seriously affecting Germans for months. Better global meat sales and European meat sellers who are less likely to get in each other's way on the European market could have given German meat sales a positive boost. But the reality is different.
Cool summer yet blood-curdling
The moderate summer weather also has another side effect and that is that the growth of pigs is not inhibited by the temperatures. As a result, more pigs are presented every week than the slaughterhouses can absorb. Slaughterhouses adjust the pace to sales opportunities, which means that pigs are also being passed on in Germany. This means that the weights increase, which in turn causes dilemmas for the masters.
The North/West quotation has today (September 1) lowered the quotation by €0,05, bringing it to €1,25. This price change once again underlines the heavy pace of the German pig market.{{dataviewSnapshot(2_1630500765)}}