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Analysis DCA BestPigletPrice

Piglet market ends revival with a plus

29 August 2022 - Wouter Baan

The upswing in the pig market is nearing its end. Nevertheless, the DCA BestPigletPrice managed to climb further this week, supported by the sharp price increases in Germany.

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In itself, piglet sales in the Netherlands had not really improved, but the recovery on the pig market still gave prices a welcome boost. There are enough piglets in relation to demand, traders indicate.

German price increased by €10
There are signals of tightness from the German market due to improved demand. This is probably the reason that the VEZG listing continues to make significant progress. For this week the quotation increases by €2,50 to €52,50 per piglet. In recent weeks the price has increased by €10. This is against the seasonal trend. The improved benefits have not yet put a brake on sow slaughter in Germany. In recent weeks, numbers have been above last year's levels. Viewed over the whole of 2022, the figures are reasonably in line with last year, in contrast to the pig slaughters, which are considerably lower.

Traders describe piglet exports to Germany as excellent. In recent weeks, export figures have fluctuated slightly above 50.000. Historically this is low, but the lower numbers are probably the new reality. Sales to Spain are somewhat disappointing, but that suits this time of year. The Spanish pig price has also benefited less from the recent recovery, which took place mainly in Northwestern Europe.

Plus for DCA BestPigletPrice
Based on the statements, the DCA BestPigletPrice will increase this week by €0,50 to €46 per piglet. The chance of a higher piglet price is fading as the recovery in the pig market finally comes to an end. And it certainly seems that way, although the prices of meat parts have taken another step upwards this week.

Click here for an explanation of the DCA BestPigletPrice

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