Analysis Pigs
German slaughterers follow and double-digit pluses
The German VEZG quotation took a clear step up last week after a long unchanged period. Although the German slaughterhouses did not follow suit, the German erzeugergemeinschaften even accelerated their upward trend this afternoon.
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Most of the Omikron troubles also seem to be behind us in Germany. The number of slaughters increased again last week. A total of almost 850.000 pigs were hanging on German hooks. That was about 25.000 more than a week earlier. The average slaughter weight decreased by 0,1 kilo to 97,2 kilos. It is a signal that supply may decrease somewhat in the coming weeks.
Meat trade cautiously more positive
The trade in pork also appears to be improving, albeit cautiously. While the total carcass gained approximately €0,02 per kilo in value last two weeks, this week almost €0,03 per kilo was added. This is evident from the statements for the DCA mutations for pork parts. There is also talk of a slightly improved meat trade in Germany. However, it does point out the dampening effect that the large stocks of pork still stored in cold stores can have.
The supply of live pigs is shrinking
German slaughterhouses indicated this afternoon that the increased purchasing quotation cannot yet be fully recovered in sales. It is confirmed that the supply compared to demand is somewhat on the tight side.
The plus is warmly welcomed in the Dutch pig trade. The mood clearly feels friendlier. However, just like last week, it can be seen that the supply of live pigs in the Netherlands is not yet in short supply. Also this week some heavy animals are leaving for export.
The German VEZG quotation increases this week by €0,07 per kilo, resulting in €1,32 per kilo of slaughtered weight. The German slaughterhouses are joining in and taking a huge step up, adding €0,12 per kilo. Tönnies and Vion Germany also score at €1,32 per kilo of slaughtered weight.