A wider supply puts pressure on piglet prices

The dividing line between too many and too few piglets is razor-thin, as is evident. A few weeks ago the market was characterized by shortages and now it is trending towards a surplus. Sales within permanent couplings are continuing well, but there is very little demand for free piglets. This can also be explained, given that a price drop is in the offing.

Spanish sales
According to traders, not only domestic demand, but especially export demand is letting the market down. Particularly the Spanish question. This message is not fully supported by the export statistics. Up to and including week 28, more than 30.000 piglets went to Spain every week. This means that the numbers are considerably higher than in previous years. However, we almost always see Spanish demand drop at this time of year and that now seems to be the case. Especially because the Spanish piglet quotation is under heavy pressure and had to give up €3 last week. According to traders, sales to Germany, where piglet quotations can hold up, are going less smoothly. 

It is still difficult to estimate to what extent price pressure on the piglet market will continue in the coming weeks. Given the circumstances on the pig market, which has come under price pressure, a major correction is likely in the coming weeks. This week the DCA BestPigletPrice will decrease by €1 to €77,50 per piglet.

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