EU Pig Prices: Steady for the Most Part – German Slaughter Companies Announce House Prices
At the moment, supply and demand prove to be well-balanced on the various European markets. Unchanged prices are reported from almost all countries. With regard to the Central European countries, the prices are only deviating from this trend in Belgium and the Netherlands with their 1 and 2 cents’ minus respectively and in France with its 1-cent plus. Even if in some countries the meat sales are not going as swiftly as desired, as a result of the holiday season, most lots which are sold fast to the slaughter companies are of usual to slightly below-average size.
Almost all major German slaughter companies were in step last Friday by very surprisingly announcing house prices that amounted to 1.56 euros. From the pig keepers’ point of view, this kind of procedure, which really flavours of agreement, is completely incomprehensible. Even if in some parts the meat business is not at its best, the question remains to be asked whether or not establishing house prices for this week’s meat sales has been a reasonable thing to do.
Trend for the German market: As to the week ahead it remains to be seen whether it is the substandard supply of pigs mature for slaughter or the sinister scenarios made up by the slaughter companies which is going to win through in the further price development.
EU-Vergleich Tabelle 19.07.2011 eng
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