News Pigs
Piglet price steps up again
Sentiment on the piglet market remains subdued, but that does not appear to be an obstacle to further rising prices. The DCA BestPigletPrice is rising again this week.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
There are not many words to be said about the piglet market, because compared to the past few weeks, little has changed. The demand from pig farmers is and remains rather weak, even now that the piglet prices are considerably more favourable than a few months ago. The current supplement comes onto the market as a piglet for meat in January, which is usually not the best period in terms of sales.
The export markets do not make the sentiment either. In terms of sales to Germany and Spain, sales are weak and this is also reflected in the prices. Export is often a loss-making activity for traders.
Nevertheless, traders continue to opt for a higher piglet price. The main motivation for this is to prevent the surcharges from increasing any further. In addition, some believe that the quotation has fallen too far in recent months compared to the German piglet price, which is still at €64 per piglet. The DCA BestPigletPrice increases this week by €0,50 to €50 per piglet.
Click here for an explanation from DCA Market Intelligence on the listing.