Analysis piglets
Piglet market is also slowing down
Now that the historic price rally on the pig market is over, the piglet market is also slowing down. It is therefore likely that the seasonal upturn is now behind us.
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The piglet price has risen so quickly that insiders are now asking whether the price rally has not gone too fast. Especially now that the pig price has been taxed for the time being. Despite the sharply improved yields, fattening pig farmers remain reluctant to impose. The sky-high costs mean that margins are still under pressure.
The supply of piglets is in itself fairly limited, but the demand does not stop there either. Demand from Germany and Spain is much calmer than in previous years. This puts a brake on the export figures and therefore the supply is still large.
DCA BestPigletPrice
The German VEZG quotation is leveling off for this week at €60 per piglet. Dutch trade is divided with regard to the statements for the DCA BestPigletPrice. While some argue for a downward correction (as with the DCA Stock Price), others argue for unchanged. Based on the statements, there was a change of minus €1, as a result of which the DCA BestPigletPrice dropped to €56,00.
Click here for an explanation of the DCA BestPigletPrice.