EU Pig Prices: Many Quotations Display Price Increases
This week, the prices on the European pigs-mature-for-slaughter market appear in a steady to increasing way. The quotations are either moving sideways or are going up at variable levels. The French pigs-mature-for-slaughter prices are still upward. With its corrected 5.5 cents' plus, the French quotation closed ranks with the Spanish, the current market leaders, and on the way up outdistanced the price level in Great Britain. There, the quotation remained unchanged after weeks of considerable increases, with a view to Easter. In Belgium, last week's price increase was a little slower than that of the Netherlands and of Germany, now having slightly recovered to go up a bit.
After last week's noticeable price increase, the German quotation now stabilises at a corrected 1.496 Euros. The Dutch and Austrian quotations follow suit. The Irish are able at last, after four weeks of lateral movement, to realise a perceptible price increase, in order to avoid that they fall farther behind. With their current revenue, the Swedish pig producers are and will be ranking last, remaining far behind all others.
Trend for the German market: Pigs-for-slaughter sales are going like clockwork this week right before Easter. Missing days of slaugher as well as oversupply are not felt in any way. The demand for pork is booming, with the weather continuning to be ideal for barbecuing and being forcasted to do so over the Easter holidays. With a view to Easter and to the upcoming asparagus season, high-quality parts are very well demanded. After Easter, at the latest, the producers will be listing a clear price increase.
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