Analysis Pigs
Pig market mainly concerned with the short term
Pig prices easily maintain the stable line that started after the recent price rally. The question is whether the Christmas bonus can continue to be used in the new year, but that is still a matter of debate at the moment.
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Christmas is currently on the market. Plenty of pigs have been slaughtered in recent weeks and the last meat deliveries are now coming to an end. The market will start to wind down next week. In the following weeks, the market will probably switch back two gears. It is already noticeable that the meat processing industry is moving towards holiday mode.
Looking at coffee grounds
Despite the approaching broken weeks, the market is in solid shape. Quotes are moving steadily throughout almost all of Europe. Whether the stable trend can be continued towards 2023 remains to be seen. Here and there, slaughterhouses say that 'the price is tight', but on the other hand the supply is on the tight side. In short: It is currently difficult to estimate how the market will develop in the coming weeks.
Traders currently see no reason to tinker with the DCA Exchange Price 2.0. This means that the price of slaughtered pigs remains at €1,92 per kilo. The price of live pigs remains at €1,51 per kilo.
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