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Analysis Pigs

Cold spring keeps pig price under control

21 April 2023 - Wouter Baan

The cold spring weather in Europe means that pork sales are less smooth than usual at this time of year. As a result, pig prices are moving sideways and price increases are currently not an option.

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After the narrow increase of last week the DCA Stock Exchange Price 2.0 has become somewhat tighter compared to the slaughterhouse quotations, which remained the same. The German pork price also continued its stable trend this week.

The mood at the pig market after Easter is a bit boring and predictable. The pig supply is persistently tight, but not tight enough to stimulate prices. This is also partly related to the cancellation of slaughter days around public holidays, as will be the case again next week on King's Day. The following week there is a slaughter day in Germany. The difference with a few years ago is that these days are no longer a nuisance, but temporarily camouflage the tightness. From the pig farmers' point of view, this is pure profit.

Calm meat sales
Meat sales are currently going smoothly, insiders indicate. This is due to the cold spring weather, which means that the grilling season has not yet started. In that regard, April does what he wants. It is also relatively cold in other parts of Europe. Meat prices are currently moving largely sideways. However, there is better sales to the United Kingdom due to the sharp decline in slaughter there. Bacon sales in particular benefit from this. 

Due to the tight meat supplies available, the live pig market can quickly revive when the weather improves, or so the idea is. This is not yet the case. That is why the DCA Exchange Price remains at €2,25 per kilo for the slaughtered pigs. The price of live pigs is also unchanged at €1,78 per kilo.

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