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EU Pig Prices Hardly Moving

19 November 2014
Go to schweine.net

EU - EU pig prices remain unchanged in most of the countries over the last week compared to the previous week.

The Dutch and Irish prices went down by no more than one corrected cent per kg slaughter weight, while the British lowered their price by a corrected six cents per kg slaughter weight.

However, this sharp price fall must also be attributed to changes in currency exchange rates.

Even the British piglet prices are falling at the moment, because usually less animals are being housed inside. 

Steady market situations are reported from other EU member countries. Supply and demand are balanced on a high level; so the prices keep stagnating.

Moves closer to the Russian market seems less than likely after the unsuccessful negotiations between EU representatives and Vladimir Putin during the G20 Summit in Australia recently.

On top of that, pig exports from Belarus to Russia were again banned for health reasons.

Instead, the Russian federal inspectorate for animal and plant health, Rosselkhoznadzor, is looking to imports from South Korea and India.

Trend for German Market:

After the domestic pig market had been under pressure for a short period last week, the marketers now report on bright sales again.

Because of this, the quotation is expected to remain unchanged.

WeekDENLDKBEFRPLCZITESATGBIR
Week 40 1.406 1.291 1.454 1.322 1.452 1.407   1.535 1.672 1.609 1.345 1.787 1.507
Week 41 1.346 1.234 1.400 1.260 1.409 1.395  1.457  1.633 1.537 1.314 1.740 1.497
Week 42 1.346 1.225 1.400 1.260 1.380 1.409  1.439  1.615 1.493 1.314 1.709 1.459
Week 43 1.346 1.244 1.400 1.285 1.375 1.407 1.411  1.615 1.478 1.314 1.709 1.459
Week 44 1.346 1.253 1.399 1.297 1.371 1.387 1.401 1.663 1.455 1.314 1.665 1.459
Week 45 1.346 1.253 1.427 1.297 1.367 1.369  1.391 1.682 1.455 1.345 1.656 1.459
Week 46 1.346 1.263 1.428 1.297 1.367     1.682 1.455 1.366 1.633 1.430
Week 47 1.346 1.253 1.427 1.297 1.370     1.682 1.455 1.366 1.574 1.420

 

 

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