Analysis piglets
Piglet price again fractionally higher
Now that the piglet market is more balanced, there is room for limited increases. What is the market situation today and what are the export figures doing?
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Although views differ from trader to trader, everyone agrees that the market is in better shape than it was about six weeks ago. Back then there were still couples hanging above the market, but that is no longer the case. At the same time, there is no shortage. Supply and demand are reasonably in balance at the beginning of December and this is expected to remain so in the coming weeks.
In the run-up to Christmas there is more to come more gender. This offers room for additional sales opportunities. At the same time, there is the harsh reality that pig prices are at a low level and prospects for the medium term are not great. Fattening pig farmers are therefore not in such a hurry to buy new flocks. Now that piglet prices are rising, this is not an immediate incentive to impose significantly more.
Export demand in Spain is improving
The export demand is oriented towards Spain. German demand is calm and this is also evident from the export figures of recent weeks. In recent weeks the export figure has moved from week to week between 50.000 and 60.000. This is about 20.000 to 30.000 below the numbers achieved in other years. The figures for Spain show an increasing trend and move above 30.000. This is in line with previous years.
Although the German VEZG quotation shows no further increase and remains at €20, based on the statements there is a small increase for the DCA BestPigletPrice. The quotation increases this week by 50 cents to €23 per piglet.
Explanation of listing from DCA Markets
| DCA BestPigletPrice | Statements from - to | Average | listing |
| 22,00 - 24,50 | 23,017 | 23,00 |
|
Explanation of listing: Things are a bit friendlier and easier at the piglet market. This is mainly due to an increased demand for piglets from Spain. Because there are not too many piglets hanging above the market, it immediately feels more positive, even though there is no movement in the pig price. The friendlier piglet market is translated into a plus due to the average input from traders. The explanation that some traders provide with their statements shows that not every trader is currently receiving a plus. There were a total of 20 assignments this week (0). The numbers in brackets indicate how many assignments were missed at the bottom (negative number) and how many at the top (positive number). If there is a zero, all entries are included. Comments from traders included with the price movement for week 49: |