Analysis Pigs
Piglet prices continue to rise in tight market
Is the piglet supply tight, or is the demand mainly good? Or maybe a combination of both? In any case, piglet flocks are scarce and that means that the DCA BestPigletPrice shows a further increase this week.
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The imbalance between supply and demand on the piglet market appears to be increasing, without there being huge shortages. It is true that the piglets are being 'pulled' quite a bit, not least from abroad. According to traders, Spain is the main market, although an increasing demand was not reflected in the Dutch export figures until week 43. The Spanish listing has recently taken significant steps upwards, which indicates more dynamics.
Stability in Germany
Despite the improved market situation, the German piglet quotation (VEZG) is taking a stand this week and remains at €70 per piglet. This is not completely strange, because the quotation has been consistent all year long. In the Netherlands, prices had fallen faster in the summer, which means that the market is now moving more quickly. Based on the statements, the DCA BestPigletPrice increases by €1,50 to €62 per piglet.
Difficult case
Specifying the piglet mutation is not so easy these weeks, traders indicate. Based on the market situation, an increase is appropriate. At the same time, piglet costs are already high and fattening pig farmers should not be deprived of returns. This probably also explains why the assignments vary quite widely.
Click here for an explanation of the DCA BestPigletPrice.