EU Pig Market Steady27 November 2013
EU - The European slaughter market appears to be steady this week.
At the same time, due to brisk demand, the market is also friendly and majority of the price quotations remain steady. Even the price decline in Spain - which is typical for this time of year - has been stopped.
Germany has once again stepped out of line, balancing last week's decrease of 2 cents. The quotation in the Netherlands went up by 2 cents.
Most of the European countries are unsure about the development of prices, as has been observed in Germany over the past few weeks.
Trend for the German market: At the beginning of this week, the atmosphere is friendly on the German slaughter pig market. From what is heard, the 2 cents’ price increase is accepted by all market participants. Some of the marketers say that the quantities of live pigs on offer are slightly decreasing and the quantities demanded are not completely available at all times. It remains to be seen over the week whether or not a further price decrease will be possible.
|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)