Dutch slaughterers not in German gear

The German pig price (VEZG) unexpectedly increased by €0,05 last week, causing the Dutch pig market on edge came to be. The DCA Stock Price could only partly follow on Friday, the abattoirs in our country are reluctantly following it, it can be concluded. Both Vion, Compaxo and Van Rooi increase the quotation this week by €0,01. This can be seen as a gesture towards the market, but nothing more than that.

Slaughterhouses rely on the meat market, which is under tension. Due to high energy rates, meat processors are not inclined to build large volumes. This stagnates the demand for meat parts. The fact that German pig prices are rising faster is because the supply there is relatively tighter. Last week, the slaughter figure again remained below 750.000 pigs, as a result of which a quarter of the slaughter hooks remain empty. There is no such understaffing in the Netherlands, although the supply is also limited. 

Differences got bigger
The German pig price will not rise further this week, but will remain at a record level of € 2,10 per kilo. This seems to have put an end to the revival in the pig market in Northwestern Europe. The conclusion of the past few weeks is that the Dutch slaughterhouses cannot keep up with the German attack.