Analysis Pigs
Increasing piglet price remains in rhythm
The flattening pig price and the approaching broken weeks around Christmas are not an obstacle to a further increase in the DCA BestPigletPrice. This gives sow farmers a last minute perspective after a difficult year.
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The supply of piglets is and remains tight. However, demand will drop in the coming weeks if there is a significant reduction in slaughter. However, traders do not foresee any placement problems, partly because export demand is good and the market is entering the broken weeks 'clean'.
In the meantime, piglet prices have been on the rise for a month and a half and the market has made considerable gains. This is a windfall for sow farmers, although people hope for more. Patience seems to be required, because the prospects for increases in piglet prices in the coming weeks are limited(more). Especially because it remains to be seen whether the pig prices can hold on to the Christmas bonus.
Higher GDP
Yet this week many traders are still calling for an increase in the Dutch piglet price, although there are also colleagues who believe that the price is full. The call for increases is partly to put a stop to rising allowances. Based on the statements, the DCA BestPigletPrice increases by €1,50 to €56,50 per piglet. The German VEZG piglet price has stabilized at €61 per piglet, but that price has risen faster in recent weeks.
Click here for an explanation of the DCA BestPigletPrice.