Shortage of pigs pushes DCA Scholarship price again

The persistently good weather in Northwest Europe in combination with a tight pig supply appears to be a good recipe for higher prices. Nevertheless, the German pig price leveled off this week, at €2,43 per kilo. However, the Internet stock market continues to rise, so it is quite possible that the market in Germany will take off again next week. This expectation also exists in the market. 

Dutch market
The Dutch market is strongly oriented towards Germany. Both in terms of price and sales. Due to the increasing price difference, German slaughterhouses are becoming increasingly interesting for Dutch traders and that is exactly what they want to do. Westfort, Van Rooi, Compaxo and Pali decided on Wednesday to stay in the footsteps of the German market, where Vion took a step back. It should become clear on Monday whether Vion will definitely lag behind with the price, or whether it will increase something. Given that the German pork price does not yet appear to have plateaued, this is an interesting issue.

The meat market is driven by the fresh segment, with retailers calling for large volumes. Frozen parts are in lower demand, but supplies are also limited. On the world market, slaughterhouses continue to suffer from the Americans and Brazilians, who have much more favorable prices. Especially now that the euro is gaining further ground due to interest rate increases by the European Central Bank, the end of which is not yet in sight.

DCA Benchmark Price - Pigs
Traders are strongly divided when it comes to their price expectations for pigs for the coming week. An unchanged option desired by a number of traders is therefore not possible. The price of live pigs increases by €0,02 to €1,88 per kilo. The price of slaughtered pigs increases by €0,03 to €2,37 per kilo.

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