Inside piglets
It's about the place for piglets
The sale of piglets is difficult, was difficult and will remain difficult for the time being. How does the DCA BestPigletPrice react to this?
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It is no secret that piglet sales are not going well. Fattening pig farmers are holding back, as they too are currently having difficulty storing pigs. Moreover, there is no trust to impose in 4 months. The flocks that are now being imposed will come onto the market as fattening pigs in mid-January. And that's usually not a good time.
Great supply pressure
Despite the high supply pressure, the German piglet price (VEZG) can hold steady at €20 this week. It cannot be ruled out that German quotes will still fall through this lower limit in the coming weeks. Much will depend on price developments on the pig market.
Although it is positive that the slaughter figures cautiously increasing, the pressure on the piglet market is expected to continue in the coming weeks due to a persistent lack of placement space. Major backlogs have arisen in recent months.
BPP down
The fact that the DCA BestPigletPrice has to give up €0,50 this week (based on the statements) to €23,50 per piglet underlines the continued weak market sentiment. For now, the trade is happy if there is sales, but at what price is secondary.