Piglet prices in Europe have not been moving consistently for a while now. Increases and decreases alternate. In the midst of this chaos, the DCA BestPigletPrice remains stable, although the pressure is increasing.
The European piglet market is characterised by various price trends. Where the Spanish piglet price started to decline last week, the German market is on the rise again. With a plus of €1,50 to €72,50, the VEZG quotation responded to the revival on the German pig market. The demand for piglets in Germany is described as good, with a limited supply.
Dutch sales to Germany peaked in week 15 for the first time this year above 50.000, but dropped back somewhat in the week before Easter. This may have something to do with Good Friday. According to traders, exports to Germany are not wild, but not bad either. Sales to Spain are declining.
There is a lot of resistance to the current price among meat pig farmers in the country. At the same time, the supply is and remains fairly clear, partly as a result of stoppers. Sometimes there are still a few couples left who have difficulty finding a buyer.
Divided market
Opinions are divided on pricing. Some contributors believe that the DCA BestPigletPrice should be lowered to give direction to the market. Traders often argue for unchanged, with the German increase being pointed out this week. Based on the information, the quotation remains the same this week at €68,50 per piglet, although a reduction based on the average is close.
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