Analysis piglets
Piglet trade stalls due to uncertain pig market
The falling quotations on the pig market are having a negative impact on the DCA BestPigletPrice. Also this week, the BPP is heading for a sharp correction, but can still hold above the €50 mark.
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De pig market is in difficult waters. In addition to the price corrections, the broken slaughter weeks mean less placement space. The aftermath of this will also be noticeable in the first weeks of May, traders expect. There is also significantly less placement space for the piglets these weeks, while the demand for piglets was not great anyway. This is due to the uncertainty in the sector.
There is currently little or no demand for free piglets, not even at prices that are below the quotations. And because sales within the fixed links are also more difficult, this results in a (limited) oversupply. Especially traders who normally sell a lot of couples on the free market are negative. As long as the pig price does not seriously move upwards, it is expected that the piglet trade will continue to worry.
BPP down, VEZG stable
This week the DCA BestPigletPrice can still hold above the €50 limit. Based on the statements, the quotation falls for the third week in a row, now by €2,50 to €51 per piglet. However, given the current market picture, further cuts are looming. For the time being, the German VEZG piglet price can hold up at €60 per piglet. This is because Germany is not dependent on exports, while the German sow herd has shrunk considerably.
Click here for an explanation of the DCA BestPigletPrice.