News DCA BestPigletPrice
Piglet price continues to rise and passes the 50 euro mark
The demand for piglets remains high. As a result, the DCA BestPigletPrice takes another step upwards this week.
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Not only the pig market, but also the piglet market, has clearly come to life. The high slaughter numbers in recent weeks clearly expose the decline in sow farming. Due to the increased placement space, shortages have become quite high.
The German piglet price (VEZG) is clearly on the rise and will rise this week by €4 to €59 per piglet. This almost equals the level reached this spring. Prices are also rising rapidly in Spain and Denmark, supported by the Christmas rally on the pig market. This is still ongoing, but is coming to an end. For example, Vion is increasing the quotation this week by €0,02 to €2,02 per piglet (including VAT).
The placement space will shrink somewhat in the coming weeks as Christmas approaches and slaughter figures decline. This does not stop traders from calling for quite large price increases. Based on the statements, the DCA BestPigletPrice increases by €3,50 to €52,50 per piglet.
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