EU Pig Prices: Optimism Prevails in the South30 January 2013
EU - The slaughter pig market is increasingly stabilising in Central and South Europe this week.
The quotations in Spain, Germany, Belgium, the Netherlands and Austria remain unchanged.
The corrected quotations from the Northern part of Europe prove to be in a slightly weakening state.
Denmark, Great Britain and Ireland are recording price reductions.
As a result of large quantities on offer, the French quotation also went down a little.
For this reason, the Danish quotation is closing up with the mid-fielders as regards prices.
In December, the Danes still were ahead of Spain, ranking first in the European price structure and quoting almost 10 cents above the German price level.
Currently, the Danish producers are generating 3.3 cents per kg slaughter weight above the German pig feeders’ revenue.
In Spain, an optimistic mood prevails again due to good demand, satisfying exports and declining slaughter weights.
Trend for the German market: Lessening quantities of pigs mature for slaughter are resulting in further stabilising of the market. Meat demand could be stimulated as needed through the time of Mardi Gras ahead at the beginning of the month.
|Prices in Euros (€)|
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)