Analysis DCA BestPigletPrice
Piglet price can't find a bottom
Piglet prices have been under great pressure for weeks. And although pig prices have stabilized in the meantime, this is not yet the case for DCA's piglet quotation.
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The supply of piglets is extensive and sales opportunities are scarce, if at all. It's starting to get a bit repetitive. Certainly this week, the placement space is limited, now that there is less sex due to Ascension Day. The delivery weights therefore continue to rise.
Demand is not improving for the time being, as pig prices are considerably below cost prices. Pig traders are therefore gloomy and expect the difficult market picture to continue.
Tap for VEZG
In Germany, the VEZG listing has again suffered a major blow, after it remained stable last week. This week the price drops by €5 to €40 per piglet. This also puts pressure on prices in neighboring countries, including the Netherlands.
The DCA BestPigletPrice is therefore still in the corner where the blows fall, although the pressure on pig prices has eased. With a decrease of €1,50, the price drops this week to €38,50 per piglet. A price floor is increasingly coming into the picture, some traders think. This is in line with the picture the market showed in 2018 and 2020. Other traders think we are not there yet. For what it's worth.
Click here for an explanation of the DCA BestPigletPrice.