Analysis Pigs
No more doubts about the piglet price
In recent weeks, there has been no clarity in the pig trade about the price of piglets. Now that calm seems to have returned to the pig market, almost all contributors are on the same page again.
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The recent unrest on the pig market has obviously also had a major impact on the piglet market. For example, the German VEZG quotation fell by as much as €7,50 to €70 per piglet over two weeks. The quotation has stabilized at this level this week. The Dutch piglet price lost much less. The German listing was heavily overvalued and still is, although the differences have become somewhat smaller.
In the Netherlands, the DCA BestPigletPrice stabilizes this week at €60 per piglet. The demand for piglets is excellent in the light of a limited supply. This also makes it easier to market the remaining flocks than a few weeks ago.
Market confidence
Seasonally, we enter a period when piglet prices often start to rise again. However, the upside potential is limited at the moment. Compared to pig prices, piglet prices are fairly tight. The pig market continues to feel somewhat unstable. With the slightest setback, further downgrades are likely. The market confidence of fattening pig farmers will probably be severely tested in the coming weeks. In this sense, whether they are willing to pay extra if the piglet supply decreases.
Click here for an explanation of the DCA BestPigletPrice.