Pig trade stimulates market with price increase

There has been talk of a friendlier sentiment on the pig market for over a week now. Until now, this has not yet been reflected in the quotations in the Netherlands and Germany, but the supply of live pigs is easier to place. There are also signs that meat sales are going smoothly. Also towards export markets outside Europe. This is also cautiously reflected in meat prices. However, real conviction is still lacking, as the meat trade indicates. Perhaps the market still needs to warm up and the start of the tourist season could provide further impetus.

In the meantime, the pig supply is slowly drying up seasonally. The broken slaughter weeks are also now passé. This means that sales of fattening pigs are likely to improve further in the coming weeks, which increases the chance of price increases. From the perspective of pig farmers, this would be very desirable in order to absorb the increased (feed) costs.

Increase to excite
In the meantime, slaughterhouses are trying to slow down the pace by indicating that an increase in the price of pork comes too soon. There is certainly some truth in that, but some pig traders are keen to stimulate the market by increasing the DCA Exchange Price 2.0. There is a plea for a manageable increase, as a signal. Just like what happened last Monday with the DCA BestPigletPrice.

Based on the statements, the quotation for the slaughtered pigs increases by €0,02 to €1,66 per kilo. The price of live pigs has increased from €0,01 to €1,31 per kilo. Whether the slaughterhouses will follow suit next week remains to be seen. This will also depend on how the market in Germany will develop. There are also cautiously positive signals coming from there. 

Click here for an explanation of the listing.