Analysis DCA BestPigletPrice
Piglet price is also slowing down and leveling off
The rising pig prices in recent weeks gave the piglet market the necessary energy. Although sales did not immediately improve, there was room for higher prices. Now that the pig price has finally leveled off, the piglet price is back on the chain.
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Looking at the piglet market in itself, there is no reason for a higher or lower price. The (export) demand is not wild and the supply is normal to ample.
VEZG is leveling off
The German piglet price (VEZG), which rose much faster than Dutch prices in recent weeks, is leveling off this week at €56. This change puts an end to the last motivation to increase the DCA BestPigletPrice. A number of traders believe that the difference with Germany should not be too great.
Based on the statements, the DCA BestPigletPrice stabilizes this week at €46,50 per piglet. It is obvious that the market will maintain its stable price in the coming weeks. Although piglet quotations often come under pressure in the autumn, there appears to be no reason for this at the moment. This is because the piglet price is relatively low compared to the pig price.
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