Analysis Pigs
Piglet market enters slowdown mode
The piglet market is under pressure due to declining demand and faltering exports, while pig fattening farmers remain reluctant to stock up. Price pressure is mounting in both domestic and international trade. Read more about piglet price developments.
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Although the supply of piglets is not exceptionally large, the market is clearly shifting into a lower gear. In the Netherlands, pig fattening farmers are holding back, and demand from export markets is also decreasing.
Spain remains an important market. In week 17, approximately 50.000 Dutch piglets were still exported. At the same time, price pressure is increasing. The Spanish piglet price fell by €8 to €57 per piglet in three weeks, which worsens the negotiating position of exporters.
Traders are therefore increasingly pushing for lower quotations. Based on the data, the DCA BestPigletPrice falls by €2 this week to €54,50 per piglet.
Unchanged DCA Exchange Change Price
The downward pressure is linked to the difficult development in the pig market. The prospect of a price recovery is limited, meaning that stabilization currently seems to be the maximum achievable. This picture is confirmed by an unchanged DCA Exchange Price.
At the same time, there is no lack of demand from slaughterhouses. Due to the large number of closures in the past year, capacity is greater and there is a need for supply. However, demand for cuts of meat remains weak, with lower prices for hams and cuts of meat, as shown by the parts prices from DCA Market Intelligence. Only specific cuts, such as pork shoulders and spareribs, still show some (export) demand, leading to higher prices.
Click here for an explanation from DCA Market Intelligence on the BestPigletPrice.
Click here for an explanation by DCA Market Intelligence regarding the Stock Exchange Change Price.