Analysis piglets
Unrest puts an end to the rise in piglet prices
Now that pig prices are not holding up, the weeks-long advance of piglet prices is coming to an end. Traders say there is too much unrest to force a hike.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
There is currently no room for higher piglet prices, although the supply is clear, as it was last week. Due to the unrest that has arisen on the pig market, resistance among fattening pig farmers has increased considerably. The recent price reductions at the large German slaughterhouses Tönnies and Vion are seriously affecting the already fragile sentiment in the sector.
There are also concerns about the strength of the Dutch slaughterhouse quotations, which can be seen from Vion's reduction this week. The meat part prices, which are monitored by DCA, are also declining this week. The middle section and the attorneys in particular are declining in value.
Rise cannot suffer
Looking at the supply and the seasonal trend that is visible, a small increase in the piglet price could be justified. However, under the current circumstances, a further increase in piglet prices cannot currently affect many in the sector. That is why many traders at DCA Markets opt not to force the market, as this could potentially lead to a loss of demand.
The DCA BestPigletPrice therefore remains at €28 per piglet, putting an end to nine consecutive weeks of price increases. The German piglet price (VEZG) is also taking a pause for the same reason and remains unchanged at €24.
Click here for an explanation to the DCA BestPigletPrice.