EU Pig Prices: Quotations Still Stable – Uncertainty is Increasing

This current week, the European pigs-mature-for-slaughter is being shaped by primarily unchanged quotations. Apart from in Germany, the quotations are also developing in an unchanged way in the Netherlands, in Denmark, in Belgium and in Austria.

For seasonal reasons, the quantities of live pigs on offer are increasing gradually and as expected, as is heard by cross-border market participants. At the same time, demand on the EU member countries’ meat markets is remaining unstimulated. Altogether, the quantities of live pigs on offer can still be absorbed by the market. So, the pigs-mature-for-slaughter prices could be maintained in most of the countries.

The quotations are continuing to go down in Spain and France. Despite their quotation decreasing, the Spanish keep leading the European price structure of the five EU member countries most important in pig keeping. After the latest drop in prices, France is now ranking just behind the Netherlands, bearing the red light as to pig prices.

Trend for the German market:

On the domestic pigs-mature-for-slaughter market as well, the marketers are meanwhile reporting on noticeably increasing quantities of pigs mature for slaughter. So, for instance, placing the batches on offer on the market quickly and in a timely manner is not possible in all cases. As to the price development, the uncertainty is increasing.

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