Analysis Pigs
Demand for pigs is picking up again
Demand for pigs is returning now that slaughterhouses have restored their margins. Nevertheless, a stable price pattern is currently the best the market can achieve. The DCA stock price is therefore moving sideways.
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The autumn storm has subsided, as evidenced by the unchanged prices this week. This aligns with the seasonal pattern in the market, where (large) price drops were common. This is usually followed by a period of stability. Prices often remain stable in the second half of October and November.
This scenario also looms large over the market this year. Across Europe, there are more than enough pigs to fill the slaughterhouses. In Denmark and Spain, but also in Germany, over 740.000 pigs have recently been slaughtered there during peak slaughter weeks, slightly higher than in previous years. Seasonally, the supply will continue to increase in the coming weeks.
In the Netherlands, supply is in line with demand. Traders describe demand for pigs as good. The average slaughter weight is expected to rise further in the coming weeks, exceeding 100 kilos. The pigs are certainly not light this year, so a tight supply is not expected immediately.
DCA Benchmark Price - Pigs
There's not much discussion this week about the direction of the DCA Stock Exchange Price 2.0. The price for slaughtered pigs remains unchanged at €1,62 per kilo. The price for live pigs remains unchanged at €1,25 per kilo.
Click here for an explanation from DCA Market Intelligence on the listing.