Analysis piglets
The rack is now clear from the piglet price
Although pig prices are still making steps upwards, there is still very limited scope for piglets to increase.
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Despite the sharply increased pig prices, fattening pig farmers remain in two minds. The sharply increased prices for animal feed and energy are fueling doubts about the imposition. This is happening in the Netherlands, but also in Germany and Spain. The improved demand of recent weeks is clearly weakening, without the undertone in the market turning negative. It is not the case that suddenly large piglet flocks are left over for the free market.
Export figures under pressure
In any case, the piglet export to Germany is considerably lower this year than in previous years. From week to week, the export figure hovers around 50.000 units. Last year this was still around 70.000 and the year before it was close to 80.000. The numbers going to Spain are also lower. The lower numbers are not only related to a drop in demand, but also to the shrinkage of the sow herd in our country.
Looking at the pig prices, the top has not yet been reached. For example, Vion will increase this week by €0,03 to €1,91 per kilo (including VAT). The German pig price is also heading for an increase on Wednesday. It remains to be seen whether there is also an increase credit for April. The slaughterhouses will probably use the Easter weekend to put a stop to the market, as there will be a slaughter day then.
Plus for DCA BestPigletPrice
The piglet market is already anticipating a leveling off for pig prices. In contrast to the sharp to significant increases in recent weeks, the DCA BestPigletPrice rises 'only' this week by 50 cents to €57 per piglet. The German VEZG piglet price will rise this week by €2 to €60 per piglet. This further increases the distance between the Dutch and German piglet prices.
Click here for an explanation of the DCA BestPigletPrice.