Biggenmarkt is starting to get better

The supply of piglets is noticeably drying up, traders say. This, in combination with slowly improving demand, means that trade is running a lot smoother than about three weeks ago. Suddenly there are no more surpluses.

The piglet market is being helped by developments in the Dutch pig market which leans towards an elevation. The DCA Stock Exchange price rose slightly on Friday, although it remains to be seen whether slaughterhouses will go along with this. In any case, the increase of €0,01 per kilo is not an impregnable hurdle.

VEZG remains stable
The German VEZG piglet price remains in place again this week at €48. This does not alter the fact that the German piglet market is also running more smoothly. In theory, Dutch piglet exports benefit from this, although the export figures have been disappointing in recent weeks. In the first week of November, fewer than 50.000 piglets went to German fattening pig farmers, which is historically very low. Exports are on the rise with more than 30.000 piglets, the increase in demand will normally continue until the beginning of 2023.

Many traders believe that the piglet market is ripe for the second increase in a row. Based on the statements, the DCA BestPigletPrice increases by €1 to €43,50 per piglet.

Click here for an explanation of the DCA BestPigletPrice.