EU Pig Prices: Recent Balance in Markets; Quotations Steady

Wed, 09 Aug 2017

EU - Regarding prices for slaughter pigs, the European market is on an overall steady level this current week of slaughter. The majority of quotations appear to remain constant.

The discounted prices, which had been announced by some slaughter companies - being off the negotiation table in Germany - are now being noticed in other countries. Pigs mature for slaughter are on high demand in various EU member countries. Thus, stability is ensured. In addition, the quantities of live pigs on offer are rather small.

The Dutch quotation is standing out quite significantly, dashing ahead and – as the Dutch have already done several times most recently – is deviating from the German leading quotation, increasing by 2 cents. The slaughter pig price tends to be a little weaker again on the market in Great Britain.

Trend for the German market:

On the domestic slaughter pig market, companies are actively demanding transparent quantities of pigs on offer. From the latest perspective, further development is expected to remain on an unchanged level at the very least.

(Source: ISN - Interessengemeinschaft der Schweinehalter Deutschlands)

Explanation
1) corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
2) These quotations are based on the correction formulas applied since 01.08.2010.
base: 57 per cent lean-meat-percentage; farm-gate-price; 79 per cent killing-out-percentage, without value-added-tax