Inside Pigs
Piglet price unchanged with pain and effort
It squeaks and creaks in the piglet trade. While further cuts are still underway, the DCA BestPigletPrice may hold up this week. Why is it like that?
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The story at the piglet market is now well known. The supply of piglets in itself is not the problem, the problem is a complete lack of demand. Confidence is zero, especially among German fattening pig farmers. There is talk of the biggest crisis in 30 years.
Traders are increasingly reporting that German fattening pig farmers have become more chauvinistic when it comes to stocking piglets. More often, German recruits are chosen, which perform better in meat concepts. It does not do any good to the already difficult sales opportunities for Dutch piglets.
Quotes find bottom
Fattening pig farmers continue to vote in the hope of further reductions. Following the stable pig market, there is relative peace on the piglet market for now. At least in terms of pricing. While the VEZG quotation in Germany remained this week at €20 per piglet, the DCA BestPigletPrice is unchanged at €24. Nevertheless, the market trend remains negative.