EU Pig Prices: South European Price Decrease Goes Down Slightly22 October 2013
EU - This week, the European slaughter pig market appears to be the same as last week.
Demand and supply still are quite well-balanced in majority of the countries, and quotations remain constant. Germany, Denmark, Belgium, Austria and Ireland have reported unchanged pig prices once again.
In France and Spain, the price decrease that started weeks ago continues in an alleviated way. With a corrected minus 1.7 and 1.5 cents respectively, the decreases were much lower than over the past weeks.
Spain, as the leader in the European price structure among the five major pig-keeping EU member countries, has recorded a price decline of a corrected 20.5 cents since calendar week 37.
Over the same period of time, the quotation went down by an even 28 cents in France.
Trend for the German market: The situation on the slaughter pig market continues to be highly steady. Slaughter companies prove to be very permeable, so slaughter pigs can be marketed easily. From the purchasing side’s point of view, meat sales could be better where prices are concerned.
|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)