Broken slaughter weeks puts piglet prices under pressure

The conclusion is that piglet prices, during the price rally on the pig market, took too much advantage of better times. The reality is less rosy. Many traders do not expect pig prices to make it through the approaching broken weeks unscathed. All the more so because the carcass parts are also falling in value considerably this week, which is a break in the trend. Hams, in particular, are facing a sharp correction this week. For that reason, Vion is lowering the pig price this week by €0,05 to €1,86 per kilo (including VAT). According to the meat company, an equal pig price could no longer be maintained. 

The perspectives for the pig price are all in all much more moderate than a few weeks ago. This, in combination with the high feed and energy costs, means that the demand for piglets is lukewarm. Especially in Germany and Spain, which are the main export destinations. Dutch fattening pig farmers are also often reluctant to impose 'expensive' piglets, according to traders. The piglet sales are being disrupted by the approaching two broken slaughter weeks around Easter and King's Day. As a result, the sales opportunities of piglets are also stagnating.

BPP down
Although the German piglet price (VEZG) remains at €60 per piglet this week, the DCA BestPigletPrice cannot avoid a correction. Based on the statements, the quotation decreases by €2,50 to €53,50 per piglet. Historically, the listing presents an atypical picture. Prices usually hold up for a few weeks after the spring rally has come to an end.  

Click here for an explanation of the DCA BestPigletPrice.