Analysis Pigs & Pork
Pig market maintains slightly positive sentiment
The pig market seems to have done absolutely nothing this week at first glance. Almost all quotations remained flat. There were no real declines either. But there is more than meets the eye and not all markets work the same.
There is still a slightly positive undertone in the Dutch pig market. Last week, the DCA Beursprijs 2.0 increased by 1 cent per kilo. The slaughterhouses did not seem to follow this, but some did add a cent to the surcharges, although one slaughterhouse did so earlier than the other. If you do not increase the base price, but adjust the surcharges upwards, there is room in the price, and the market took advantage of that last week.
The slaughterhouses currently see a fairly stable market and sales are about the same. The German slaughterhouse giant Tönnies does see the slaughtered weights increasing and expects a larger supply and a more difficult market in the coming month, but that is not yet the case for now. The number of pig slaughters in Germany this week is also almost at the same level as last week, with 736,260 animals.
Based on the data for the DCA Beurprijs 2.0, the benchmark for slaughtered pigs remains stable this week at €1.95. The price of live pigs is also expected to move sideways at €1.54.
