Analysis Pigs
Pressure on piglet market decreases again
Piglet prices have been cut and shaved in recent weeks, but the situation has become somewhat less precarious. Better sales opportunities now that the pig plug is slowly but surely disappearing are one of the causes, as is the bottom under pig prices.
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Compared to last week, the mood in the market has clearly improved. The placement space both domestically and abroad has increased, although not every trader can get things going again. Demand on the domestic market is often still weak. However, pig farmers are less likely to hold off now that the price pressure has subsided.
After the broken weeks, demand from abroad is showing itself from the better side again. It has now become clear that Dutch piglet exports increased by 3,59% last year to 5,91 million. Of these, 2,67 million went to Germany and 2,36 million to Spain. The importance of exports has therefore increased considerably, bearing in mind the shrinkage of the Dutch sow herd.
DCA BestPigletPrice
Based on the data, the DCA BestPigletPrice remains at €49 per piglet this week. The German VEZG piglet price for this week has remained at €45 per piglet. The coming weeks will show whether the piglet price can start to think about rising again, or whether the pig prices have to start moving upwards first. If an increase in the BPP is delayed, the price will soon drop below the long-term average.
Click here for an explanation from DCA Market Intelligence on the listing.