Pig price in calmer waters

The stabilization of the German pork price last Wednesday at €1,90 per kilo was in line with expectations, although it remains to be seen. The reductions create a better balance between the German market and the Dutch slaughterhouse quotations and also between the Dutch slaughterhouse quotations and the DCA Stock Exchange Price 2.0.

The market situation has hardly changed compared to last week. The pig supply remains abundantly large in relation to the slaughter plans. Traders talk about limited placement space and a lot of supply. In Germany, slaughter days will be canceled in some states next week due to public holidays (Reformation Day and All Saints' Day). 

Difficult meat sales also continue. The Christmas question is not yet looming and the demand from the fresh segment is lukewarm. This suits the time of year. Moreover, due to the warm autumn, the demand for typical winter parts such as pork belly is not present.

High slaughter figures
The ample pig supply is also reflected in the slaughter figures. More than 323.000 pigs were slaughtered in the Netherlands last week, the highest number since the end of last year. An increase is in line with the seasonal pattern, but is nevertheless larger than expected.

At the moment, the price pressure on the market has faded into the background, although the market still feels shaky somewhere. Based on the statements, the DCA Exchange Price stabilizes at €1,79 per kilo for the slaughtered pigs. The price of live pigs is also the same at €1,41.

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