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EU Pig Prices: Well-Balanced Market Situation

14 September 2010
Go to schweine.net

EU - The European slaughter pig market proves to be quite well balanced this week again.

The German, Dutch, Belgian, Danish, Austrian and Irish quotations are all moving sidewards. Sweden is the only country to set a positive sign, increasing their quotation noticeably. With its minus 2 cent, the French quotation went down a little. As a result of strikes, the effect demand had on the pig price was slight but negative. Everything is expected to get back to normal next week. Thinking about the increased production costs, the French producers are very worried when looking at achieving the magic boundary of 1.20 Euros per kg slaughter weight.

For the fourth time in a row, the Spanish reduced their quotation downward for pigs mature for slaughter. The Spanish slaughter companies were supplied with the animals needed in sufficient quantities. Traditionally, the transition from high summer to lower autumn prices was expected in that favoured holiday country. From Spain as well, complaints are heard about the pig producers achieving reduced margins needed for covering increased production costs. In Great Britain, the quotation was put under pressure through demand having gone down. Yet, positive impulse is felt on the Isle as a result of increasing Russian demand for pork.

Market trend for Germany: The extensive supply of pigs for slaughter faces good demand from the slaughter companies. Thus, the prices are expected to remain unchanged.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
Week 30 1,446 € 1,398 € 1,406 € 1,445 € 1,394 € 1,430 € 1,491 € 1,367 € 1,664 € 1,355 € 1,620 € 1,198 € 1,343 €
Week 31 1,446 € 1,398 € 1,433 € 1,433 € 1,400 € 1,500 € 1,510 € 1,532 € 1,664 € 1,355 € 1,622 € 1,206 € 1,343 €
Week 32 1,446 € 1,398 € 1,433 € 1,433 € 1,402 € 1,545 € 1,501 € 1,532 € 1,664 € 1,355 € 1,625 € 1,199 € 1,343 €
Week 33 1,446 € 1,398 € 1,406 € 1,433 € 1,406 € 1,540 € 1,502 € 1,532 € 1,664 € 1,355 € 1,640 € 1,190 € 1,305 €
Week 34 1,446 € 1,398 € 1,406 € 1,433 € 1,442 € 1,526 € 1,504 € 1,532 € 1,626 € 1,355 € 1,621 € 1,194 € 1,305 €
Week 35 1,376 € 1,331 € 1,407 € 1,359 € 1,443 € 1,530 € 1,497 € 1,544 € 1,582 € 1,284 € 1,618 € 1,207 € 1,305 €
Week 36 1,376 € 1,331 € 1,380 € 1,359 € 1,424 €     1,544 € 1,521 € 1,284 € 1,593 € 1,215 € 1,305 €
Week 37 1,376 € 1,331 € 1,380 € 1,359 € 1,408 €     1,595 € 1,483 € 1,284 € 1,589 € 1,251 € 1,305 €


Explanation
1corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
base: 56 per cent lean meat; farm-gate-price; 79 per cent killing out percentage, without value-added-tax (VAT)

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