Despite the warm weather, the mood on the pig market for the coming week is positive. Exports outside the EU are not yet over, but a better sale of pigs on the German and Polish markets means that the mood is still good.
The German Tönnies indicates that this week's price increase of €0,08 is true. The supply of slaughter pigs is relatively tight and the weights are slightly lower. Meanwhile, the meat is running well. German retail is counting on increasing demand from consumers returning from vacation. There is also good demand in Poland. Their own supply there is quite small, which means that there is room for the import of pigs.
Tight offer is going well
In the Netherlands, the supply of slaughter pigs is also relatively tight. If you only look at the limited possibilities for live export to Southern Europe, then this is a happy accident. But the animals are now also well received in Germany and Poland. That leaves room for better prices. The internet exchange already responded to this on Friday. Other indicators have pointed in that direction before.
The Asian market also continues to offer opportunities. Exports are made to, among others, China and the Philippines. For sales to the latter country, further price increases will become a risk, according to slaughterhouses. The Netherlands can price itself out of the market. Exports to China are continuing well, but it was also hoped for additional sales of more expensive parts. That doesn't really pan out.
New scholarship price
The positive mood from earlier this week also echoes on the DCA Stock Price 2.0. (Stock market). Traders are betting on a further increase now that the previous increases were taken over 1 to 1 by the slaughterhouses. For the slaughtered pigs this amounts to a plus of €0,08 and for the living pigs to a plus of €0,07. As a result, the Stock Market rose to €1,87 and €1,48 respectively
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