EU Pig Prices: Steady Situation
This week, the pigs-mature-for-slaughter prices prove to remain steady throughout Europe. Apart from just a few exceptions, the quotations remained unchanged. A course was set in a positive way by Spain and Denmark with their 3 cents’ plus each, thus confirming the price level to stand on a solid basis. Record quantities of pigs are currently slaughtered all over Europe. However, with the prices keeping on a comparably low level, selling is done smoothly on the Single European Market and in third countries.
In Sweden, the quotation remained unchanged, but as a result of exchange rate changes the corrected price there was the only national pig price which went down slightly. Spain is the new front-runner with regard to EU prices. By their price increase, the Spanish were able to outdistance Great Britain as the hitherto leader.
Trend: Extensive quantities of pigs mature for slaughter are being expected on the European markets over the days ahead. In view of the slaughter companies’ buying interest, demand and supply prove to be well balanced. So, the producer prices are anticipated to at least remain steady this week.
2009 11 24eng
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