TheMeatSite.com - TheMeatSite.com - news, features and articles for the meat processing industry

News

EU Pig Prices Going Up – Positive Outlook

17 April 2015
Go to schweine.net

EU - The price barometer is now going up on the European pig slaughter market.

Price increases were seen in many countries, this week. The quotations went up in Germany, the Netherlands, Belgium, France and in Great Britain. They also rose slightly in Spain.

So far, the Austrian producers, however, have not been able to benefit from the overall positive mood. A backlog supply was a burden on the post-Easter situation.

This meant that the quotation remained unchanged, yet it has brought positive prospects for the price trends the week ahead.

According to the AMI, requests for private storage of pork within the EU have been hesitant. Up to the beginning of April, storage capacity for nearly 50,000 tonnes had been requested, about a quarter of which was from Spain.

Denmark and Poland are ranking second and third, Germany fourth in the bid for storage. By comparison: requests amounting to more than 145,000 tonnes had been approved in 2011.

Trend for the German market:

The mood continues to be light in the German pig slaughter market. High-quality parts as well as processed meat are in demand on the meat market.

Demand for barbecue meat has also been triggered. Correspondingly, demand is quite brisk on the slaughter companies’ side.

The quantities of live pigs on offer are being sold quickly. According to what the marketers report on, further batches can be sold. A noticeable price increase is expected to continue.

TheMeatSite News Desk

Our Sponsors

Partners


Seasonal Picks

Meat Cuts and Muscle Foods - 2nd Edition