EU Pig Prices: Market is Steady09 January 2013
EU - The European pig slaughter market appears in quite steady this week.
The pig slaughter prices are moving sideways.
At the beginning of the New Year, decisive influence was exerted by the German leading quotation, with an unchanged price level for the European pig market.
All over Europe, the last part of the backlog in supply that remained from the reduced slaughter numbersover the Christmas holidays are being sold.
According to reports, the need for fresh meat is not covered completely in France at present, so the trend is said to be steady to firm.
The slaughter companies in Germany are benefiting from the high capacity use of the slaughter lines. Food retailers are filling their shelves again and the processing industry is also buying ahead again.
Trend for the German market: The aftermath of the Christmas holidays with the related backlog supply is slowly subsiding. By the middle of the week, the last remaining backlog supply should be sold, so that the new week of slaughter can be started without any backlog. From today’s point of view the price level will most probably remain unchanged next week.
|Prices in Euros (€)|
Corrected Quotations 2012/ 2013
1) corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
2) These quotations are based on the correction formulas applied since 01.08.2010.
base: 56 % lean-meat-percentage; farm-gate-price; 79% killing-out-percentage, without value-added-tax