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EU Pig Prices: Price Barometer Goes Up in Places

by 5m Editor
18 February 2009, at 7:07am

EU - For this week, the European slaughter pig market proves to be uneven.

While prices sustain their ground in Northern and Central Europe or at best increase just slightly, the price barometer is going up in Southern Europe. In France, the slaughter weights were reduced, so the corrected quotation went up by about 4 cents. The situation also improved in Spain, where an almost 4-cents’ price increase could also be realised. This way, the Spanish jockeyed themselves to the top position in the Continental European price structure, being followed by Germany and Austria.

Germany and Austria were able to maintain the existing price level. The Dutch producers had to grapple with VION’s massive price pressure last week. As a result of that, the German slaughter companies enjoy great popularity as delivery destination for Dutch pigs mature for slaughter.

Trend: It still remains unsure when prices will start to increase again. In the meantime, the strongholds of carnival are preparing for the carnival season. It is generally expected that the price situation will then relax, at last.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
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 € 1,442 € 1,494 € 1,316 € 1,300 € 1,464 € 1,147 € 1,329 €
4 Week 1,306 € 1,289 € 1,240 € 1,255 € 1,250 € 1,294 € 1,360 € 1,481 € 1,284 € 1,300 € 1,473 € 1,175 € 1,329 €
5 Week 1,306 € 1,289 € 1,214 € 1,279 € 1,249 € 1,289 € 1,354 € 1,481 € 1,284 € 1,330 € 1,396 € 1,158 € 1,291 €
6 Week 1,306 € 1,270 € 1,213 € 1,255 € 1,250 € 1,261 € 1,327 € 1,354 € 1,284 € 1,300 € 1,480 € 1,183 € 1,291 €
7 Week 1,306 € 1,270 € 1,187 € 1,255 € 1,259 € 1,278 € 1,354 € 1,297 € 1,300 € 1,527 € 1,188 € 1,329 €
8 Week 1,306 € 1,251 € 1,186 € 1,230 € 1,300 € 1,291 € 1,335 € 1,300 € 1,525 € 1,167 € 1,367 €


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)