Piglet price sucked into free fall on pig market

The trade in piglets is currently very, very difficult. Demand is always lukewarm at this time of year and on top of that, the pig market now shows an extremely disappointing picture, from the perspective of the primary producer. Vion is lowering the pig quotation this week by €0,08 to €1,96 per kilo, after €0,02 was already lowered last week.

At first glance this appears to be a relatively mild reduction. The first signals are that the other slaughterhouses (which reduced by €0,05 last Wednesday) are even aiming for a dime less this week. Much will depend on how the German VEZG listing will move. In any case, the flag is not hanging well, as is clear. This is also evident from the flesh mutations of DCA which are also dropping considerably this week. The simple explanation for this is that the meat supply exceeds the lagging demand. 

BPP crashes hard
The demand for free piglets is currently so weak that significant reductions are appropriate. Things are not too bad within the permanent couplings, but there is almost no buyer to be found for free piglets. Not even abroad. Ever-optimistic traders also recognize themselves in the difficult market picture.

Based on the statements, the DCA BestPigletPrice decreases by €5 to €60,50 per piglet. This is the largest reduction in more than two years. The German VEZG quotation fell by €6 to €73,50 on Friday. Seasonally, the decline often continues for a while in most years, meaning that a bottom is not yet in sight. 

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