Analysis Pigs
Spanish demand leaves piglet market in the lurch
The pig market is in a period where things are not going so smoothly. Spanish demand in particular is decreasing rapidly from week to week and that is putting pressure on prices.
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Sales to Spain fell below the 19 mark for the first time since early January in week 50.000, according to figures from RVO. The figures are still well above last year's level as the long-term average, but the trend is clearly downward.
As demand for the tourist season has now been met, Spanish demand will continue to weaken in the coming months. This means that more piglets will have to find a place elsewhere.
imbalance
In our own country, demand is also not wild, just like in Germany. This is partly due to the lagging pig price compared to expectations that are often based on increases. All in all, there is an imbalance between supply and demand. In the fixed couplings, things are going well, but for the last couples of free piglets, the buyers can often be counted on one hand.
Pricing
The German VEZG listing is stable at €73,50 per piglet. Because the Netherlands is an export country, stable prices are not feasible here. Based on the data, the DCA BestPigletPrice drops by €2,50 to €64,50 per piglet. The drop is in line with the long-term trend in May.
Click here for an explanation from DCA Market Intelligence on the listing.