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09/03/2010

EU Pig Prices: Ranging From Steady to Falling

2010-03-09Eng

The prices on this week’s pigs-mature-for-slaughter market prove to be steady to falling throughout Europe. Compared with the previous week’s clear price declines, the German, Dutch, Danish, Belgian and Austrian quotations remain unchanged this week. The French and Spanish quotations fell by one corrected cent, and in Sweden the price went down by four corrected cents. Again, the decreasing of the corrected price in Great Britain was attributed to currency shifts.

 

Related to the very low quantities of pigs mature for slaughter on offer in Spain, it is considered at the slaughter companies there to have one day less for slaughters to be carried out every week. They intend to do so until Easter at least. Yet, the Spanish price went down by one cent, after last week’s price increase. In France, the fall in prices is said to be caused by increased quantities of pigs mature for slaughter on offer.

 

Trend: The development of the pig prices is not easy to predict for this week. The quantities of pigs for slaughter on offer continue to be extensive, but they are quite well sold on the market. Thus, the pig prices are expected to remain steady this week.



2010 03 09eng

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