EU pig prices: pigs-for-slaughter markets unsteady – German leading quotation remaining robust

This current week of slaughter, the European pigs-for-slaughter market appears unsteady altogether. While the quotations remain steady on the level so far achieved in central Europe, price reductions are being reported on from the southern and northern EU member countries.

Unchanged pigs-for-slaughter prices are recorded in Germany and in the Netherlands as well as in Belgium and Austria. By all accounts, the market situation is well balance in these countries, thus leading to steadiness again. From Austria, reports are arriving about bustling activities on the meat market with brisk demand from the producers of sausages and ham.

Price decreases ranging from a corrected 2 to 4 cents are observed in France, Denmark and Spain. Apart from the seasonal drop in prices, the Spanish quotation is under severe additional pressure because of the European competitors’ activities. Yet, the Spanish quotation maintains its top rank, just outpacing Denmark in the European price structure of those five EU member countries most important in pig keeping.

Trend for the German market:

Compared with last week’s activities, the situation on the pigs-for-slaughter market has not changed so far. The quantities of live pigs on offer continue to be extensive, appearing well balanced in relation to the slaughter companies’ demand. So, the outlook is expected to remain steady.

schweine.net