Stable pig price good for a ray of optimism

After the last cut in German pig prices in early October, there were fears that prices could potentially fall further. These fears do not appear to be coming true for the time being. The meat trade has stabilized for weeks and has even managed to record some pluses left and right. Last week the prices of pork parts otherwise unchanged, according to the quotations at DCA markets. The more stable bottom with slightly higher meat prices nevertheless feels like a small bright spot.

Slaughter a little lower again
A major problem at the moment is the lack of capacity in slaughterhouses. In Germany it is still for the butchers hard to find staff and local corona outbreaks also sometimes disrupted planning. As a result, the live supply of pigs increased and this has still not been eliminated. In addition, last Monday due to All Saints' Day, slaughter capacity was cut in some parts of the country. 781.238 pigs were slaughtered last week. Nearly 30.000 less than a week earlier. The weights were 300 grams higher at an average of 97,8 kilos. 

The disappointing slaughter figures in the Netherlands exacerbate this problem. The stabilization of the pig market is mainly due to the stabilizing meat trade. Due to the large supply of pigs, it is not necessary for slaughterhouses to pay more. In addition, it should be noted in the trade that it is hardly possible to sell extra pigs.

The German VEZG quotation has also been set for the coming week at €1,20 per kilo slaughtered weight.