The Dutch piglet price has not yet found a bottom this week, despite the fact that many traders already expected it to be the case.
The DCA BestPigletPrice drops again this week by €0,50, bringing it to €71,50 per piglet. About half of the contributors were in favor of an unchanged quotation, but the other half still argued for a reduction and that group has a slight upper hand.
Demand for piglets is still tame, despite supply being relatively limited. Sometimes there are flocks that are more difficult to market, but then the genetics or flock size are often not ideal for finding a buyer for them.
It is expected that the piglet price will find a bottom in the foreseeable future. Especially if pig prices start to rise, although there is no concrete reason for this at the moment.
Click here for an explanation from DCA Market Intelligence on the listing.