Analysis Pigs
German blow affects DCA BestPigletPrice
German piglet prices have taken a significant hit due to the price drop in the pig market. This is also affecting the Dutch market and, consequently, the DCA BestPigletPrice.
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When the German piglet price falls or rises, it often comes with large jumps. With a €10 drop, the VEZG price drops to €45 per piglet. This brings the German price more in line with other European prices.
Residual couples cost money
Demand for piglets remains extremely weak. Surplus flocks are therefore costing traders a fortune to find room for. Spanish demand is weaker at this time of year, and there's also little buying interest elsewhere in Europe. The finishing pig market must first see signs of recovery to boost demand.
Partly due to the decline in Germany, the DCA BestPigletPrice has yet to find a bottom. Based on the data, the price is expected to drop by €2 to €35 per piglet. Now that the finisher pig market has likely found a bottom, the piglet market could soon follow suit. In six months, the price has almost halved.
Click here for an explanation from DCA Market Intelligence on the listing.