Analysis DCA BestPigletPrice
Rise in pig prices gives piglet market air
The increase in the price of pigs is accelerating and that also gives relief to the piglet prices. Nevertheless, the market is not changing color.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
Let's start with the pig market, because following the DCA Stock Exchange Price, the Vion quotation will also increase this week by 5 cents to €1,87 per kilo (including VAT). This confirms the better tone from the largest slaughterhouse in the Netherlands and that is a positive signal. The German market is also heading for an increase on Wednesday. Rising meat prices provide scope for this.
The above developments are favorable for the sale of piglets. Although trading is smoother, the market is not wild. This is partly due to export demand, which some traders describe as weak. Particularly to Germany, as has been known for some time. Sales to Spain were also hindered by heat protocols.
VEZG stable, BPP up
The German piglet price (VEZG) is still at €40 and is probably waiting to rise after the pig price in our eastern neighbors has taken a step upwards. The rising pig prices in the Netherlands mean that the DCA BestPigletPrice can take another step upwards this week by €1 to €40,50 per piglet. This is the third increase in a row.
Click here for an explanation of the DCA BestPigletPrice.