Analysis Pigs
Piglet price continues to rise for longer than in other years
Although Spanish demand has dropped considerably in recent weeks, the DCA BestPigletPrice continues to rise. This means that the spring recovery is lasting longer than in other years. The good mood on the pig market is certainly contributing to this.
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The undertone on the pig market remains positive, but the wild demand has gone. Several traders report a weakening Spanish demand, as is usual at this time of year. The surcharge that is needed to serve the peak demand for pork during the tourist season later this year has now been well and truly filled.
In order to curb the proliferation of allowances, traders are also advocating a further increase in the piglet price this week. Domestic sales are continuing well, now pig prices continue to pick up quickly. There are also traders who believe that the piglet price has reached its maximum.
DCA BestPigletPrice
Based on the data, the DCA BestPigletPrice will increase this week by €1 to €68,50 per piglet. This means that the spring revival will continue longer this year than in previous years. This is because Easter falls relatively late. The piglet price will probably level off around the upcoming broken slaughter week (Easter Monday, 21 April). The German VEZG piglet price is still catching up and will increase this week by €5 to €71 per piglet.
Click here for an explanation from DCA Market Intelligence on the listing.