Analysis Pigs
Demand for pigs? Yes. Higher prices? No!
The mood on the pork market is starting to pick up a bit more steam, now that December is about to begin. The demand from slaughterhouses for pigs ready for slaughter is not disappointing, but all in all it is still too little to get the prices moving.
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Compared to the previous weeks, the air on the pig market has cleared up. According to traders, there is more demand for pigs, without it being a stampede. More pigs have also been slaughtered recently, even exceeding the limit of 300.000 pigs. With average weights above 100 kilos, the supply is heavy.
A shortage of pigs this year is therefore not a likely scenario. Especially since the holidays are unfavorable for the placement of meat pigs. No less than three full slaughter days fall in the middle of the week. It can't get much worse.
The Christmas demand for pork is starting to get looser, which is mainly reflected in the sales of hams and the fore-end. But here too, there is no question of a wild demand for the time being.
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With the knowledge we have now, rising pig prices in the run-up to Christmas are not a likely scenario, but never say never. The DCA Stock Exchange Price 2.0 remains the same at €1,89 per kilo for slaughtered pigs. The price of live pigs remains unchanged at €1,48 per kilo. Prices elsewhere in Europe are also moving sideways.
Click here for an explanation from DCA Market Intelligence on the listing.