Pig prices appear susceptible to German pressure

The reduction in the German pork price (VEZG) earlier this week has obviously not improved the already weak mood further. At the same time, the Dutch market does not feel much weaker. At least the living market. As a rule, traders can easily get rid of the supply on the not too thick slaughter lines at slaughterhouses. With 286.303 pigs slaughtered in week 37, the slaughter figure will not increase further. The slaughter weights also move stably. Compared to previous years, these numbers are not excessively large.

Difficult meat sales
However, the desire to slaughter is not excessively great. This is related to the difficulty in selling meat parts. With the loss of barbecue demand and the seasonal transition to autumn, the meat market is having difficulty escaping the price pressure for the time being. Slaughterhouses are therefore creating the necessary mood and sometimes hint at further price reductions. Whether this will happen will have to be seen next week.

Mixed feelings
The Dutch pig trade has mixed feelings about the market expectations for next week. Some traders do not want to anticipate a possible price reduction and argue for a stable change in the DCA Exchange Price 2.0. However, based on the statements, a reduction is expected. The quotation for slaughtered pigs drops by €0,02 to €2,18 per kilo. The price of live pigs also drops by €0,01 to €1,73 per kilo. Sometimes the motivation for this is that the Stock Exchange price would be too close to the slaughterhouse quotations. 

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