Analysis Pigs
Pig market not yet back in balance
As we wrote last week, the turning point on the pig market is behind us and the supply pressure is gradually decreasing. However, the market still needs some time to regain its balance.
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The decrease in the average slaughter weight has started, although it is not going very fast yet. With an average of 103 kilos, the slaughtered pigs were 0,3 kilos lighter last week, but from a historical perspective they are still quite large. However, slaughtering is going on in the Netherlands with more than 310.000 pigs again last week. In Germany too, the oversupply is slowly but surely decreasing and there is talk of decreasing weights.
Sideways prices
Meanwhile, pig prices in our part of Europe are moving sideways. In Spain, a slight increase is visible. The North-Western European pig market could well enter a stable period. For the time being, the supply is on the large side, partly due to pressure from stoppers. In addition, the meat markets are currently unable to stimulate the live market.
Tough meat sales
Pork sales are rather slow, despite shortages on the beef and chicken markets. The market often picks up a bit in the spring, helped by Easter, but that is late this year. As a result, there is no prospect of a recovery on the pork market for the time being, especially since inflation (food) is struggling to slow down. This is testing the patience of pig farmers, especially now that piglet prices are rising quite rapidly again. But sooner or later the market will rise again.
DCA Scholarship Award
Based on the data, the DCA Beursprijs 2.0 remains the same for the fifth week in a row at €1,72 per kilo for slaughtered pigs. The price of live pigs is also unchanged, but at €1,35 per kilo.
Click here for an explanation from DCA Market Intelligence on the listing.