EU Pig Prices Continue to Fall18 December 2013
EU - Pressure continued this week on slaughter pig prices in the European market.
With Christmas just around the corner, slaughter companies are working under high pressure to deliver product on time before slaughter comes to a halt for the holidays.
German slaughter companies in particular are said to be benefiting during this time, reducing the price considerably before Christmas.
The quotations went down noticeably in Germany, the Netherlands, Belgium, Austria and Denmark. The British quotation also decreased, going down below €2, to a corrected €1.973, for the first time since calendar week 44.
The Spanish quotation has remained more or the less the same with its corrected 0.4 cents. The French quotation, on the other hand, has moved up ever so slightly. In France, the slaughter weights are going down and the quantities on offer are being sold swiftly.
Trend for the German market: Over this last complete week of slaughter before Christmas, the quantities on offer are quite large and pressure continues to be exerted. Producers have started delivering pigs for slaughter in time to have their pens cleared before the holidays. For that reason, the quantities should already be placed or taken into consideration. So, a fairly relaxed situation should be noted in the days to come.
|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)