EU Pig Prices: Price Increases Ahead04 April 2013
EU - There have been no surprises on the European slaughter pig market at the beginning of this week.
Markets continue to show very minor price changes. All in all, prices have remained constant.
Unchanged prices are quoted in Germany, the Netherlands, Denmark, Belgium, Austria and Ireland.
Even the Spanish quotation remains on last week’s level.
However, it is shaking a little because of the missing days of slaughter, which occurred over Easter.
The French price for slaughter pigs has weakened slightly. Decreasing slaughter weights allude to the advanced deliveries.
Weaker demand is reported from Great Britain for pork. Starting from a high level, the price swung back to a corrected €1.775 .
For example, The corrected quotation for slaughter pigs in Germany is currently €1.626. Due to weak meat demand, Italy continues the downward trend to cope with prices from previous weeks.
Trend for the German market: Market participants are waiting for prices to rise on the German slaughter pig market. There is a possibility for slaughter pigs to be marketed at short notice. Demand is good so lately, there have been no complaints. Thus, preconditions are fulfilled for a price increase.
|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)