Analysis piglets
Piglet market is deteriorating visibly
The mood in the piglet market has turned almost 180 degrees in recent weeks. Where price increases were previously on the agenda, the question now is whether the quotations can hold up. Reductions are already underway in Germany.
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The lower pig prices and the associated unrest have not done the piglet market any good. The buying interest of fattening pig farmers has dropped quite a bit in recent days, both in terms of domestic demand and export demand. This means that the supply of piglets increases and that puts pressure on the price. On the free market you can buy beautiful current couples for a few tens, but they are nevertheless difficult to sell.
The German VEZG piglet quotation will drop by €1 this week to €27 per piglet. A decline that cannot be reconciled with seasonal patterns, but is being implemented and is therefore typical of the weak market situation. In the Netherlands, the DCA BestPigletPrice can hold up at €28 per piglet, although some traders do opt for a (small) correction.
Lack of trust
At the moment, the sector lacks confidence in better pig prices. Fattening pig farmers who calculate realistically sometimes decide to keep the stables empty or consider doing so. The question is whether the high feed costs will be compensated by better pig prices in roughly four months' time. In that case, pig prices would have to take a significant step. And apart from a shrinking pig population, there are currently few bright spots that predict a turnaround.
Click here for an explanation to the DCA BestPigletPrice.