News Pigs
Christmas and corona keep the pig market in balance
The impasse in the pig market continues. On the one hand, the mood has improved slightly over the past few weeks and supplies have started before Christmas. On the other hand, the new corona peak, with associated measures, is causing a more depressed sentiment in sales to the catering industry.
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However, the pressure on the supply of live pigs in Germany appears to be easing somewhat. Traders in the Netherlands also report that trade is running slightly more smoothly than a few weeks ago. The increased slaughter numbers at our eastern neighbors and several Saturday slaughter days at Dutch slaughterhouses ensure increased processing capacity. Overall, however, the supply of pigs remains sufficient to meet the demand from the slaughterhouses.
Price development of parts is stalling
The uncertainty that the current corona situation entails can be read from the changes for the pig parts, published by DCA. While there have been some (small) positives almost every week in the past period, everything remains stable this week. The meat trade cannot convert the positive impulses - emanating from supplies for the holidays - into hard cash. This is due to more cautious demand from out-of-home channels.
Slaughter numbers increased considerably in Germany again last week and are at a level that we have not seen for some time. German slaughterhouses processed 862.088 animals last week, with an average slaughter weight of 97,5 kilos. That is unchanged from a week earlier. The German VEZG quotation was set on Wednesday, December 1, at €1,20 per kilo of slaughtered weight.