Analysis pigs
Pig prices continue to rise with third consecutive increase
It was briefly thought that pig prices wouldn't be able to maintain their upward trend after two consecutive increases, but another price increase is expected this week. Due to tight supply, the market continues to look up.
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For the third consecutive week, the VEZG price has risen by €0,05 to €1,60 per kilo. In the Netherlands, slaughterhouses are following the German increase.
The price drop from the beginning of this year has thus been reversed. This increase is a positive development for pig farmers, as piglet prices have been rising sharply for several weeks.
Lowest level since 2021
Nevertheless, the German market is still at its lowest level for this time of year since 2021. In that respect, the market clearly has some catching up to do. Based on the five-year average, there remains room for further price increases in the coming weeks.
However, it is important that meat part prices rise significantly, as the live meat market has been ahead of the meat market in recent weeks. An improvement in meat sales could provide additional support to the live meat market. Nevertheless, according to traders, pigs are being consumed exceptionally well, despite the impact of the strike earlier this week.