Tighter supply provides support on the pig market

Many slaughterhouses chose this week to keep the call prices the same. Only Compaxo corrected 2 cents higher, partly making up for last week's significant reduction. The VEZG listing also remained in place in Germany, despite the cancellation of one slaughter day. This in connection with Labor Day last Wednesday.

Fewer massacres
The market is in two minds. On the one hand, the living supply is contracting seasonally. This is also clear from the slaughter figures. At 283.018, the fewest number of pigs were slaughtered last week, for a full processing week this year. The expectation is that the supply will drop further towards June, although there will still be a few weeks in between when there will be less slaughter. Starting next week, when Thursday is Ascension Day. The slaughter rate will also be somewhat lower the following day, Friday. However, this does not put extra pressure on the market, because many traders are keeping up with deliveries.

Meat sales, on the other hand, remain questionable. This has everything to do with the weather. There is not yet persistent and convincing spring weather in several European countries. This is necessary to boost sales. The predictions for the coming weeks seem to be improving somewhat, but in this case the following applies: first see and then believe. On the world market, European pork is too expensive compared to other suppliers, such as Brazil.

Beursprijs
Based on the developments, there is no reason to tinker with the pig price. The DCA Exchange Price therefore remains at €2,12 per kilo for the slaughtered pigs. The price for live pigs is also the same at €1,68 per kilo.

Click here for an explanation from DCA Market Intelligence on the listing.