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News Pigs

German pig fair sees some light again

June 14, 2022 - Redactie Boerenbusiness

On the German internet exchange for pigs, trading was resumed for the first time in a long time this afternoon (June 14). It is a sign that the mood of the eastern neighbors is also improving.

Although the volume was still very limited, 'free' pigs were sold on the stock exchange for the first time since the beginning of April. In the end, three batches of animals exchanged owners for an average of €1,86 per kilo of slaughter weight. Although the market situation may still be too early for a rise in German pig prices tomorrow, the first sale of pigs ready for slaughter in more than two months is a signal that the market is improving.

The Netherlands is taking first steps
In recent days, the first official quotations have already been adjusted upwards in the Netherlands. The DCA 2.0 stock price was increased last Friday by €0,02 per kilo slaughtered weight to €1,66 per kilo excluding VAT and Vion Nederland increased its listing yesterday by €0,03 per kilo slaughtered weight to €1,82 per kilo including VAT. Compaxo also gave in conversation with Boerenbusiness recently to the market situation for the coming period what to see more positively.

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