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.
TheMeatSite News Desk