Analysis Pigs
Additional demand for piglets does not accelerate increase
The demand for piglets seems to improve rather than weaken in the last weeks of 2024. However, the increase of the past weeks remains intact for the DCA BestPigletPrice.
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The quotation increases, just like in previous weeks, by €1,50 to €55 per piglet. This brings the BPP closer to the German piglet price (VEZG), which remains the same this week at €60 per piglet.
Traders indicate that the demand for piglets is very good. Trade is picking up in the last full week rather than slowing down. That will change in the coming weeks with the holidays. If only because it is difficult to organize transport to distant destinations, because drivers are taking time off. There is also plenty of demand for slaughter piglets, but that too will quickly slow down.
Presumably, prices will also be somewhat calmer in the weeks around Christmas and New Year, as will the market, which will then go back a few gears. The long-term average does show that the BPP will still rise somewhat on average in week 52.
Click here for an explanation from DCA Market Intelligence on the listing.