EU Pig Prices: Markets Remain Unchanged – Prices Decreasing in the South
07.09.2017
Compared with last week’s reports, the European pigs-mature-for-slaughter market has hardly changed. In most of the EU member countries, the market situation continues to be stable with unchanged quotations. The quantities of live animals on offer, which had gone up again most recently, is well demanded, causing the situation be mostly balanced on the European market.
Apart from in Germany, unchanged quotations are also reported on from the Netherlands, Denmark, Belgium and Austria. According to reports from the association of Austrian agricultural improvement producers, pigs for slaughter are even very much in demand in Austria.
The pigs-for-slaughter prices still are tending to be weak in the Southern countries, such as Spain, France and in Great Britain. After the very hot summer temperatures in Spain, more live animals are on offer for sale there again. The seasonal price decrease is continuing. Spanish exporters are expecting competition on the pork export market to quite severe from the USA.
The French pigs-for-slaughter market remains rather negative. After the latest price reduction (a corrected 3.6 cents), the corrected quotation meanwhile is amounting to 1.58 euros per kg slaughter weight. Thus, the French quotation is moving the same way as is the Dutch quotation which has borne the red light most recently in the European price structure of the five EU member countries most significant in pig keeping. Within just seven weeks, the French corrected quotation has gone down by almost 11 cents. Much pressure has been exerted for quite some while on the prices in meat trade. As states a French market participant, ham sales above all are facing a lot of trouble.
Trend for the German market:
The domestic pigs-mature-for-slaughter market still appears well balanced at the beginning of the week. The quantities on offer are sold swiftly. From today’s point of view, the price development may be expected to continue being steady.
schweine.net
