Analysis Pigs
Patience needed for major recovery in piglet market
The supply of piglets is slowly decreasing and with that there is more room in the market for better sales prices, but it is still too early for increases at this moment. The stabilizing relationships between supply and demand are still too unstable for that.
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Pig traders believe that suppliers of piglets should exercise some patience for large increases. Pig farms are also not exactly eager to impose piglets, because the market will probably be weak by the time the animals are ready for slaughter early next year. Nevertheless, the trade can be described as friendlier and the sale of piglets is somewhat less sluggish. The export demand for Spain is weak. The figures from RVO on this are a bit behind, but export has been decreasing in recent weeks and there are no signs yet that things have changed much.
The total supply of piglets is also currently decreasing because a number of companies have registered for one of the purchase schemes (LBV or LBV+). This is happening in both the east and the south of the country. In the east, the number of companies is slightly larger, in the south it concerns fewer companies, but with more pigs.
All things considered, the traders' statements show a small increase, just like last week. This causes the DCA BestPigletPrice to rise again this week by €0,50 to €49,00 per piece.
Click here for an explanation from DCA Market Intelligence on the listing.