Piglet prices are building towards the spring peak

The DCA BestPigletPrice rises by €0,50 this week to €57,50 per piglet. The spring rebound began in week 5 with this change and appears to be coming to an end with it. It is not immediately likely that piglet prices will rise further in the coming weeks around Easter. Placement capacity will decrease then, and seasonally, there will be an increase in the number of piglets. In addition, trade with Spain continues on the free market at unchanged prices.

For one trader, the ceiling on the piglet market should have already been reached last week, after pig prices leveled off. Other traders believe that quotations need to take another step. This is attributed, among other things, to the rising German piglet price and surcharges that are sometimes increasing as well.

The German VEZG quotation for piglets rises by €2 this week to €58 per piglet. Not everyone in the market finds this increase logically explainable, given that the pig price did not rise further last week. The higher German price is also having an effect on the Dutch market, despite the fact that our country has its own piglet market.

Flat pig price 
Little movement is expected on the pig market before Easter. Consequently, the DCA Exchange Price remains unchanged. Demand for pigs is still good this week, but that will change in the following weeks as the meat industry slows down. It is difficult to predict what the market will be like after Easter. Much depends on the weather. In the Netherlands, it is likely that supply will dry up further, but in countries like Denmark and Spain, there are currently sufficient pigs in relation to demand.

Click here for an explanation from DCA Market Intelligence on the BestPigletPrice.

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