Mood at pig market feels somewhat resigned

Now that pig prices have fallen to their lowest level in two years, there is no longer any acute pressure. However, the price pressure is still latently noticeable. This is because the pig supply remains on the large side. This is particularly noticeable in Germany after the loss of two slaughter days in October. In the Netherlands, traders are generally reasonably up to date with deliveries. It will help that slaughtering will also take place more often on Saturdays in the coming weeks. It is not known how many pigs have been slaughtered in the Netherlands in recent weeks. RVO is lagging behind in publishing the data.

Spain
The supply on the meat market has been quietly increasing in recent weeks. Particularly non-boned parts are frequently offered. Slaughterhouses apparently have the staff capacity to slaughter, but not to bone. This ensures that the pressure on the prices of parts remains. It does not help meat sellers that the pressure on the Spanish pig price continues, although the decline does seem to be slowly weakening. Spanish meat companies were already competitive and are also active in North-Western Europe. Historically, the decline stops from mid-November and then a period of stability begins.

Whether the demand for (pork) meat will increase towards Christmas is the question on the market. The coming weeks will be make or break. At the moment it is still difficult to estimate whether the demand will increase. There are also large frozen stocks that can absorb extra demand.

DCA Benchmark Price - Pigs
All in all, a stable pig price fits the current market picture. Traders are not keen on stimulating by means of an increase. The DCA Exchange Price 2.0 remains the same at €1,89 per kilo for slaughtered pigs. The price of live pigs remains at €1,48 per kilo.

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