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EU Pig Prices: Trend Reversal Triggered Off?

15 May 2012
Go to schweine.net

EU - This week, prices appear mainly steady on the EU slaughter pig market.

As in Germany, no change in quotations was reported from the Netherlands, Belgium, Austria, Spain and Denmark. Other countries say their markets are well balanced.

After last Monday’s auction in France, which resulted in a 2 cents’ lower average producer price, the price went slightly up again on Thursday. Altogether, there has been a price drop of 1 cent.

At present, the necessary stimulus is still missing for price increases throughout Europe. In northern and central Europe in particular, the unsettled weather conditions are dimming the consumers’ mood.

The increasing economic crisis, accompanied by high unemployment, has an adverse effect on demand for meat in southern Europe.

Trend for the German market: Over the past few days, it has appeared in outlines that the quantities of pigs ready for slaughter that are on offer are falling again. Marketers are currently experiencing problems in meeting the slaughter companies’ demand.

Because of this, a reverse trend towards increasing prices appears to have been triggered off. The coming weeks, including the long weekends around Ascension Day and Pentecost, traditionally are the time of the best demand for pork. The good weather forecasts are giving hope for additional good turnover. Looking at things today, a price increase is possible next week.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
Week 13 1.596 1.551 1.547 1.581 1.545 1.578 1.656 1.646 1.713 1.540 1.668 1.060 1.430
Week 14 1.626 1.570 1.573 1.593 1.535 1.612 1.702 1.646 1.713 1.561 1.684 1.069 1.459
Week 15 1.626 1.570 1.573 1.593 1.542 1.583 1.718   1.713 1.561 1.716 1.073 1.459
Week 16 1.626 1.570 1.573 1.593 1.542 1.601 1.699 1.589 1.713 1.561 1.750 1.063 1.459
Week 17 1.626 1.570 1.573 1.581 1.541 1,621 1,691 1.582 1.713 1.561 1.786 1.070 1.459
Week 18 1.626 1.561 1.600 1.569 1.516 1,617 1.686 1.576 1.713 1.561 1.794 1.062 1.459
Week 19 1.576 1.522 1.601 1.544 1.499 1.608 1.698 1.538 1.713 1.509 1.801 1.062 1.459
Week 20 1.576 1.522 1.601 1.544 1.490     1.516 1.713 1.509 1.796 1.052 1.497
Prices in Euros (€)


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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