Analysis Pigs
Biggen price holds up, but is coming under pressure
Now that pig prices have leveled off, the upward momentum in the piglet market has also dissipated. Due to an increasing supply, it is also questionable to what extent the market can hold up in the coming weeks.
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Normally, piglet prices - after the spring revival - would have been depreciated by now, but this year the market chose a different pattern. Contrary to expectations, the listings recently made some gains, further stretching the price records.
However, there is now some pressure on the market. Spanish demand has been declining for some time, but this could be compensated for a long time with additional sales in Germany and in our own country. However, due to a growing seasonal supply, there is now some pressure. Traders have not yet specifically opted for price reductions, but are often less convincing about the market.
The DCA BestPigletPrice therefore remains at €79 per piglet. The German VEZG quotation is also unchanged this week, at €91 per piglet. Major price corrections are not expected, any reductions will probably fall under the heading of 'correction'.
Click here for an explanation of the DCA BestPigletPrice