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Pig Prices Show Steady Prospects for Germany

03 January 2014
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EU - Over the last days of 2013, the European slaughter pig market was quite calm.

While the quotations from some countries were not reported after the Christmas holidays, slaughter pigs prices seemed to be moving sideways from those that did produce quotes.

In France, alone, the quotation went slightly down.

Pig producers in Germany and the Netherlands have seen slightly lower average prices in 2013 compared to the corrected quotations of the year before.

The Spanish quotation went up noticeably with its average annual price of €1.819 per kg slaughter weight.

Spain continues to be the unchallenged number one ranked country among the five major pig producing EU countries.

The corrected quotations in Denmark and France were also above average. At an average €1.655 in 2013, the Danish quotation was above Germany’s corrected price of €1.648.

Trend for Germany: Although the timing of the Christmas holidays was not favourable this year, slaughter companies were able to process live pigs smoothly. Marketers have stated that the market situation is well-balanced. The pressure of offers, which was feared would put pressure on the market, did not arise. For now, prices are expected to remain steady.

WeekDNLDKBFPLCZITESPAUTGBIR
Week 46 1.606 1.538 1.670 1.556 1.573 1.616 1.662 1.722 1.714 1.571 2.039 1.622
Week 47 1.586 1.538 1.670 1.544 1.575 1.621 1.656 1.722 1.708 1.571 2.044 1.574
Week 48 1.606 1.557 1.670 1.544 1.576 1.621 1.639 1.886 1.708 1.571 2.052 1.574
Week 49 1.666 1.614 1.697 1.606 1.565 1.660 1.654 1.886 1.708 1.632 2.056 1.574
Week 50 1.606 1.557 1.670 1.538 1.580 1.640 1.693 1.886 1.712 1.591 2.026 1.574
Week 51 1.546 1.500 1.643 1.470 1.582   1.663 1.886 1.708 1.520 2.973 1.574
Week 52 1.466 1.424 1.589 1.408 1.535     1.886 1.661 1.468 2.959 1.574
Week 1 1.466 1.424 1.589 1.408 1.499         1.468 2.932  
Prices in Euros (€)



Explanation
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)

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