EU pig prices: Autumn depression is absent – prices unchanged to slightly increasing everywhere
The European pigs-mature-for-slaughter market appears in a solid condition this week. Unchanged to slightly increasing pig prices are reported on from almost all EU member countries. Spain alone has to accept a 0.5 cent’s decrease. In Great Britain the quotation went up in fact, yet as a result of currency fluctuations the corrected price falls slightly below the previous one. Various major slaughter companies were not able to enforce their house prices in Germany last week, but partly had to accept considerable reductions in volume. Meanwhile the conditions of quoting went back to normal there. No negative effects have yet been observed in Austria, even with two days of slaughter missing due to public holidays.
The demand for meat coming in from Eastern Europe and Asia still is very vivid, so substantial quantities can be marketed there. But the sales of processed meat as well may be called exceptionally brisk. Therefore, the slaughter companies show active buying interest and the lots on offer can be placed swiftly.
Trend for the German market: The regional holidays celebrated on Monday in the new German states and on Tuesday in North Rhine-Westphalia and Southern Germany do not have negative effects on the pig market. Various slaughter companies will carry out slaughters there despite the public holiday in order to be able to supply the customers with fresh products. The demand on the part of the slaughter companies for pigs for slaughter continues to be brisk. So, for the coming week, there is no such thing expected as the autumn depression observed in previous years. Rather are the producer prices anticipated to be either unchanged or to even slightly increase.
EU pig price comparison 01.11.2011
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