High slaughter figures unleash the piglet market

The piglet market has been shaken up considerably in recent weeks. Not only in the Netherlands, but also in many other European countries, prices are increasing, and quite rapidly too. In Germany, the VEZG quotation rose this week by no less than €3 to €51 per piglet. These changes only increase the call for price increases in the Netherlands.

Underlying the piglet market is becoming increasingly tight. This is partly due to the shrinkage of the sow herd in recent years, which means that shortages come to light earlier. Especially now that the demand for piglets is improving. Compared to pig prices, piglet quotations are relatively low, which means there is room to make gains.

Great question
Traders report excellent domestic demand. A lot of installation space has become available, as can be seen from de high slaughter figures which have been well above 300.000 in our country for weeks. There are also good sales opportunities in Spain, although sales prices are still lagging behind. Sales to Germany have not yet improved immediately, it is indicated. It is clear that the piglet supply in Germany is decreasing, while demand is improving. The effect of this on Dutch piglet exports may become more noticeable in the coming weeks.

Traders are unanimous that the DCA BestPigletPrice should rise this week. However, opinions differ - as usual - about the steps to be taken. Based on the statements, the quotation increases by €2,50 to €46 per piglet. This has virtually canceled out the autumn dip. 

Click here for an explanation of the DCA BestPigletPrice.