Falling pig price keeps piglet market under pressure

The most striking news this week is that Vion has again reduced by €0,02, bringing the quotation to €2,32 per kilo (including VAT). This means that it seems likely that other slaughterhouses in the Netherlands will also reduce their prices later this week. Pig farmers and traders had hoped that the Dutch market would follow the stable German quotation, but this has not yet been possible. Vion relies on persistently difficult meat sales, with Denmark and Spain putting pressure on the European market.

Imbalance persists
On the piglet market, the lower pig price is an argument for lowering prices. Perhaps even an extra argument, because apart from the reduction at Vion, there was still pressure on the Dutch market. Traders speak of difficult sales, both nationally and internationally. Spanish buyers are not on the market, but there is also little demand in Eastern European countries. There is in fact no market for free piglets and the trade is said to cost a lot of money.

Based on the specifications, the DCA BestPigletPrice decreases by €1,50 to €61,50 per piglet. This has probably not yet removed the price pressure from the market, despite the fact that the VEZG listing in Germany already found a bottom at €80 per piglet a few weeks ago.

Click here for an explanation of the DCA BestPigletPrice.