Inside Pigs
Piglet exports to historic low
In order to complete the sale of piglets, traders have to pull out all the stops. The market is persistently bad.
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Although free piglets can be obtained dirt cheaply in a historical context, fattening pig farmers are not interested. It is expected that the situation on the pig market will not have improved by mid-February and that creates barriers to be imposed.
Because the slaughter figures in the Netherlands and Germany are lagging behind, less placement space becomes available. This forces traders to shift the flocks from week to week, or else send them to slaughter.
Record low for piglet exports
Piglet export figures continue to decline. In the second week of October (week 41), sales in Germany even fell below 50.000, a historic low. The 'flexmesters' in Germany have dropped out, that is clear. Moreover, there are no alternatives to the losses in Germany, because the Spanish market is also saturated. 'Dump destinations' in Eastern Europe are also difficult to find.
Although several traders at DCA Markets opt for further reductions, the DCA BestPigletPrice can still maintain this at €20,50 per piglet. The German VEZG quotation remains at €18.