Analysis Pigs
Pig market all about balance
Supply and demand on the piglet market are all about balance. A logical consequence of this is that prices will move sideways again this week.
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The supply of piglets may increase slightly seasonally, but this is offset by continued good demand. This is due to the stable foundation of pig prices, which also have good prospects.
In addition to smooth domestic trade, export demand can also be described as good. The loss of slaughter days (Labor Day) is a minor nuisance, but not problematic. There is therefore no threat of oversupply on the piglet market. In fact, according to some traders there is still room for higher piglet prices.
Stable prices
However, based on the statements, an increase is not appropriate. The DCA BestPigletPrice therefore remains at €77,50 per piglet. The German VEZG quotation remains at €84,50.
Click here for an explanation of the DCA BestPigletPrice.