Slaughterhouses are dubious about raising pig prices

The German pork price (VEZG) rises by €0,08 to €2,08 per kilo, which is an unexpectedly large step up that is followed without complaint by the large slaughterhouses. This breaks the stable price picture of recent months. The German market was able to hold up around the turn of the year, when the Dutch market moved downwards. The price revival is a result of continued tight supply. The meat market is also relaxing, with parts prices showing an upward trend again this week.

In the Netherlands, slaughterhouses doubted the price increase for longer than usual. Normally Compaxo and Van Rooi publish the quotation on Wednesday, but that decision was postponed. Inquiries show that they have not yet reached an agreement. Raising the pig price is precision work now that the market is in such flux, fueled by a tight supply. Sufficient supply is currently not a given for slaughterhouses. Westfort was already out on Wednesday and increased by 5 cents to €1,81 per kilo. A day later than normal, Compaxo also announced an increase from €0,05 to €1,80, while Van Rooi increased by 4 cents to €1,81 per kilo. 

The postponed publications are the second notable decision by slaughterhouses in a short time. This after Vion the listing was retroactively increased at the end of last week.