EU pig prices: Mostly steady on a high level
Over the past week, the EU pig prices stabilised on a level quite high for this time of the year. In Denmark, the price went up again, by as much as is equivalent to 2.8 Euro-cents. The producer prices are found to be on a level there as had for the last time been achieved about 10 years ago. In Austria as well, the quotation rose by 2 cents per kg slaughter weight. The good atmosphere observed in those countries is attributed to the booming export business just as much as to the brisk demand from the slaughter companies and the meat-processing enterprises in view of Christmas ahead. In France alone the pre-Christmas mood is a little overshadowed. There, the slaughter companies’ demand for the extensive quantities of pigs on offer is less in demand. For that reason, the French had to cope with another 4-cents’ price drop per kg. This fall in prices is still regarded as a consequence of the considerable price increases quoted in calendar weeks 45 and 46. Now, the corrected price level is almost on a par in Germany, France and Spain.
Trend for the German market:
Although the slaughter companies complain about reduced margins, the quantities of pigs mature for slaughter on offer are still very well demanded for. Since firmer prices are estimated to be valid for the meat business in the pre-Christmas period, which goes for high-quality parts in particular, the steady market situation is not expected to change much from today’s point of view.
EU pig price comparison 29.11.2011
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