Live pigs price dynamics
29.08.2012
Pig prices continued an upward trend in August. It is quite a predicted event as daily gains of pigs decrease in summer because of heat. As a result the production of pork decrease and the production cost increase. It is for certain that that the prices are set by pig producers, not by the processing companies. It happens because of raw material deficit on the market (the statistic about increasing import of pork is a convincing proof of that). It is expected that pig prices will start to decrease in the nearest future. It mostly concerns pigs of the 2nd and 3rd categories because private sector starts selling pigs in the beginning of autumn. The price for bacon type pigs will also decrease, but not to the same extent.
Figure 1. Live pigs price dynamics, August 2011 – August 2012, UAH/kg (according to the data of meat processing companies )
During the period from the 14th till the 29th of August live pigs prices moved in different directions depending on the region. After the declaration of quarantine in Zaporizhzhya region (which has an impact on the neighboring regions) the prices increased in eastern and southern regions. In the same time it had no influence on the pigs’ prices of the central and western regions. After the partial resumption of supplies of pigs from Zaporizhzhya region the pig processors felt a relief and the prices were back to normal.
As of the 29th of August the price for meat type pigs was 21UAH/kg; the price for bacon type pigs was 19,25 UAH/kg.
Figure 2. Live pigs price dynamics in terms of weeks, UAH/kg (according to the date of meat processing companies)
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