Analysis Pigs & Pork
New increase for DCA BestPigletPrice
The piglet market remains a market driven by demand for the time being. This leads to further price increases in the Netherlands. The German increases have given way to sideways price movements.
The demand for piglets has unexpectedly surged in recent weeks, not only in the Netherlands but especially from export markets. This is particularly true for Spain. At the same time, the supply is decreasing, partly due to the demand for slaughter piglets. This development is creating a good pull in the market, according to traders.
However, traders are cautious about raising prices too much. The situation in the pig market is too precarious for that. A Christmas revival is no longer on the cards this year, and it remains to be seen how the market will kick off in the new year.
Increases of €2, as seen in Belgium and Spain, are still a step too far for the DCA BestPigletPrice, which rises by €1.50 this week to €53 per piglet.
