Pig farmer is in no hurry in a rising market

While it was thought that pig prices had more or less plateaued, the German did VEZG listing We took it a step further on Wednesday. The movement is being followed by the large slaughterhouses, but this is not happening wholeheartedly. Far from it even. While the German plus was a welcome surprise for pig farmers, this change hit the slaughterhouse world hard. Market leader Tönnies gives on the record indicates that it cannot be turned off.

Holding pigs
The rising prices motivate fattening pig farmers to hold on to the pigs for a while. Various traders report that suppliers are withdrawing their offers for next week. Due to the slowdown in growth during the recent heat period, an extra week is not bad for them to create some extra delivery kilos. According to producers, this is also necessary because the pigs were imposed a few months ago at high piglet prices.

Another additional advantage of retaining the pigs is that this creates an artificial surplus on the piglet market. However, it remains to be seen whether this will put pressure on Dutch piglet quotations. The German VEZG piglet price continues to rise happily, by €2 to €93 per piglet.

The tight supply is also clearly reflected in the slaughter figure. In the Netherlands, 265.290 pigs were on the hook last week. This low number means that quite a few slaughter hooks remain empty, partly because traders deliver more often to Germany. This situation means that Dutch slaughterhouses must at least keep up with the German price so as not to increase this incentive. This is reportedly a dilemma, as a strong plus does not correspond with sales on the meat market.

DCA Scholarship Award
Dutch traders do not pull the wool over the eyes of slaughterhouses in our country by following the German plus in its entirety. The quotation for slaughtered pigs increases by €0,04 to €2,41 per kilo. The price of live pigs increases by €0,03 to €1,91.

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