Pig market was already bubbling and is now also moving

The difficult sales of fattening pigs, as was the case in October, are no longer the case. Although there are no shortages, traders are increasingly getting supplies better at the slaughterhouses. This is partly because slaughterhouses keep a steady pace. No fewer than 331.000 pigs were slaughtered last week, the highest number in almost a year. The increasing numbers are partly due to the fact that slaughterhouses also slaughter on Saturdays.

In Germany, slaughterhouses describe the pig supply as ample. The German branch of Vion continues to hold on to the Hauspreise, although the VEZG listing this week remained stable at €1,90 per kilo. Market leader Tönnies is more docile and does not deviate from the producer price. The value of the German carcass is under pressure due to the Chinese export ban. This makes the German market look lackluster. 

Slaughterhouses reluctant
Dutch slaughterhouses are not affected by this, but are trying to avert a rise in pork prices. The market is not ready for that, according to the theory. Although sales to Asia have improved, prices are disappointing. Brazil is a formidable competitor, just like the United States.

There are different opinions about the release of Christmas demand on the European market. It is both confirmed and contradicted. However, in the coming weeks the market will be completely dominated by Christmas sales, as is the case every year. However, past experience shows that this is not a guarantee for an increase in the price of pigs.

Yet many pig traders believe that an increase in the pig price is possible. The market was already bubbling last week and now it is concretely leading to a price increase. Based on the declarations for slaughtered pigs, the DCA Exchange Price increases by €0,01 to €1,80 per kilo. The price of live pigs increases by €0,01 to €1,42 per kilo.

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