Analysis Pigs
Tightness on piglet market drives prices up further
The pig market has got a taste for price increases. Following last week, prices are increasing at an accelerated pace.
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The cause is easy to guess. Exports to Spain in particular are going like a train. The piglets that are now being laid up will be marketed as meat pigs during the tourist season. Exactly as the Spanish intend. The slumping German demand also picks up again somewhat in mid-February.
More placement space
Furthermore, the placement space has increased considerably in our own country, now that more than 310.000 pigs have been slaughtered for two weeks in a row. These are exceptionally high numbers for the winter months, which are of course related to the still high slaughter weights. This week, the pigs are again walking away very easily.
The German VEZG piglet price is rising this week by €3 to €51 per piglet. In Spain and Belgium (Flemish piglet price) a similar increase rate was visible last week. Based on the data, the DCA BestPigletPrice is rising by €3 to €55 per piglet. This almost undoes the dip that occurred after the outbreak of FMD in Germany. Further price increases in the coming weeks seem very likely.
Click here for an explanation from DCA Market Intelligence on the listing.