EU Pig Prices: Waiting for the Price Increase14 November 2012
EU - The European pigs slaughter prices are stabilising on the existing level this current week of slaughter.
The majority of quotations are moving sideways, but the upward turn as expected by the producers has not yet started.
The Danish and French quotation have hit rock bottom, with France even quoting a marginal plus. This way, the French quotation draws nearer to the Dutch price level. Yet, it continues to be last among the five major pig-keeping EU countries’ quotations.
France’s fall in prices, as it has occurred over the past six weeks, seems to have ended now that the prices have gone up symbolically.
The Spanish pig feeders are currently bothered not only by the seasonal autumn depression but as well by a general strike which has been announced for 14 November. So, the quotation there went considerably down by a corrected minus three cents. Thus, the quotations are closing ranks altogether in the major pig-keeping EU countries.
Trend for the German market: It is expected that the quantities of pigs for slaughter, which are not too large anyway, will be decreasing this week. The slaughter companies’ demand for pigs for slaughter will be increasing over the pre-Christmas period. Therefore, the producers hope for the price increase to be realised with regard to the quotation coming next.
|Week 42 strong>||1.846||1.781||1.825||1.840||1.834||1.882||1.890||2.190||1.949||1.786||1.944||1.671|
|Prices in Euros (€)|