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EU Pig Prices: Stability on a Low Level

by 5m Editor
20 January 2009, at 10:24am

EU - The prices finally seem to have bottomed out on the European slaughter pig market.

From the producers’ point of view, the quotations tend sideways for the most part at last, stabilising on a low level this week. Germany, the Netherlands, Belgium, France and Ireland are partaking in the new stability.

In Spain and Denmark, the prices give ground another time. As a result, changes are observed in the European price structure: Spain gives up the number-one rank for the benefit of Germany; Denmark again ranks last among those six countries which are richest in pigs. For monetary reasons, the prices are being appreciated in Great Britain and Sweden.

Trend: With the supply swinging back, prices are expected to remain unchanged at least. Improving domestic demand may give further positive impulse.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
49 Week 1,476 € 1,425 € 1,348 € 1,403 € 1,341 € 1,477 € 1,496 € 1,576 € 1,382 € 1,450 € 1,493 € 1,378 € 1,406 €
50 Week 1,476 € 1,425 € 1,322 € 1,403 € 1,348 € 1,490 € 1,504 € 1,494 € 1,382 € 1,450 € 1,430 € 1,314 € 1,406 €
51 Week 1,416 € 1,367 € 1,322 € 1,341 € 1,351 € 1,411 € 1,401 € 1,494 € 1,382 € 1,410 € 1,399 € 1,238 € 1,406 €
52 Week 1,356 € 1,328 € 1,295 € 1,279 € 1,330 € 1,410 € 1,492 € 1,494 € 1,382 € 1,350 € 1,344 € 1,132 € 1,406 €
1 Week 1,356 € 1,328 € 1,295 € 1,279 € 1,274 € 1,429 € 1,489 € 1,418 € 1,382 € 1,350 € 1,315 € 1,093 € 1,406 €
2 Week 1,356 € 1,328 € 1,268 € 1,279 € 1,253 € 1,397 € 1,446 € 1,418 € 1,363 € 1,350 € 1,395 € 1,133 € 1,329 €
3 Week 1,306 € 1,289 € 1,267 € 1,255 € 1,250 € 1,425 € 1,494 € 1,316 € 1,300 € 1,464 € 1,147 € 1,329 €
4 Week 1,306 € 1,289 € 1,240 € 1,255 € 1,250 € 1,481 € 1,284 € 1,300 € 1,473 € 1,175 € 1,329 €


Explanation
1corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
base: 56 per cent lean-meat-percentage; farm-gate-price; 79 per cent killing-out-percentage, without value-added-tax (VAT)