EU Pig Prices: Demand for pigs for slaughter continues to be brisk on the European Markets
Over the course of the last week, the pigs-mature-for-slaughter prices just moved little. In Germany, Denmark and the Netherlands, there is good demand at the slaughter companies’ side for the quite extensive quantities of pigs on offer. Despite a day of slaughter missing in Spain, Italy and Austria, the prices will not be exerted pressure on in those countries. Slight price increases could be enforced in France. There, a trend reversal is being hoped for after the prices’ weak quoting the weeks before. As a result of this price increase, the French quotation is now back on the same level as are the Spanish and German quotations. As an exporting nation, Denmark is by 4 cents ahead still of Germany with regard to prices. With that, the Danish average price this year is going to be higher than the German average price for the first time. Herein the good proceeds achieved in pork exports in 2011 are displayed.
Trend for the German market: Brisk demand is still observed for pigs mature for slaughter. While processed meat usually is less in demand right before Christmas, the currently increasing demand for high-quality parts is expected to grant further stability with regard to pig prices. The quotation is expected to remain unchanged this week.
EU-pig price comparison 13.12.2011
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