News Pigs
Vion sends a clear signal and lowers pig price
It became clear at the end of last week that the pressure on the pig market was increasing. This is now also reflected in Vion's listing, which is taking a step back for the first time since the turn of the year.
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The market leader lowers this week's call price by €0,04 to €2,54 per kilo. This is a clear signal that a correction is clearly in order. In recent weeks, various slaughterhouses have already created the necessary mood and at the end of last week it became clear that they were serious.
According to Vion, the meat sales markets are under pressure. This is partly due to the meat processing industry, which works with holiday schedules and therefore needs less raw material. In doing so, Vion relies on the Asian sales market, where it says it is 'impossible to sell at competitive prices'.
What does the rest do?
Whether other slaughterhouses in our country will follow Vion's course will become clear later this week. There is also the question of how the German market will mutate on Wednesday. Emotionally, there is less price pressure there. Due to the tight pig supply in the Netherlands, slaughterhouses are taking a risk in any case if they decide to reduce and the German market holds up.
After all, the incentive to bring pigs to Germany will then be (even) greater. This is probably not a desirable development when the meat processing industry starts up again. However, Vion took this risk anyway.