Analysis Pigs
Piglet prices continue to fall quite sharply
Even now that pig prices in Northwestern Europe have stabilized, piglet prices continue to fall. At least in the Netherlands. Sales are and remain sluggish.
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In short, the supply of piglets continues to exceed the very calm (export) demand. This is particularly evident on the open market, where prices are under considerable pressure. This situation is likely to continue for a few weeks, as is usual in the summer months. In addition, there is still an imbalance between piglet and pig prices, which is now recovering.
Because the DCA BestPigletPrice is also falling this week, and quite sharply too. The quotation drops by €3 to €57,50 per piglet. This means that for the first time since the beginning of 2023 there is a 5 for the piglet price. In Germany, the VEZG piglet price has now stabilized at €73,50. This means that the price difference between the Dutch and German quotations continues to increase.
Click here for an explanation from DCA Market Intelligence on the listing.