The pig market seems to have done absolutely nothing this week at first glance. Almost all quotations remained flat. There were no real declines either. But there is more than meets the eye and not all markets work the same.
There is a slightly positive undertone in the Dutch pig market. Last week, the DCA stock market price (Stock Market) was 1 cent per kilo higher. The slaughterhouses did not seem to follow this, but a number of them did add a cent to the surcharges, although one slaughterhouse did this earlier than the other. If you do not increase the call price, but do adjust the surcharges upwards, then there is room in the price and the Stock Market took that last week.
For the time being, the slaughterhouses are seeing a fairly stable market and a similar sales volume. The German slaughterhouse giant Tönnies is seeing the slaughtered weights increase and expects a larger supply and a more difficult sales market for the coming month, but for now that is not yet the case. The number of pig slaughters in Germany this week is also at almost the same level as last week, at 736.260.
Based on the DCA Beursprijs 2.0 entries, the listing for slaughtered pigs is set for stability this week and therefore remains at €1,95. The price of live pigs is also set for a sideways movement of €1,54.
Click here for an explanation from DCA Market Intelligence on the listing.