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EU Pig Prices: Price Increase Countdown Now On

by 5m Editor
25 February 2009, at 8:35am

EU - This week the European slaughter pig market proves to be well balanced altogether.

There is little surprise in the German pricing. For the eighth time in succession, the quotation remains rigid at a corrected 1.31 euros per kg slaughter weight. The market is reported to remain steady in the Netherlands as well as in Denmark, France, Belgium and Austria.

People are much more optimistic in Spain. There, the corrected quotation went up by almost 6 cents, distancing itself even more considerably from competition. This is to be attributed to the decreasing quantities of live pigs on offer. On top of that, Spain does not depend on exports towards Eastern Europe as much as other EU member countries do. Although the price went up a little for pigs mature for slaughter in Poland, the corrected quotation there is subject to loss as a result of vigorous change in currency exchange rates.

Trend: The overall number of pigs mature for slaughter on offer is expected to be decreasing over the next weeks. Therefore, these missing days of slaughter are most unlikely to affect the market in the “carnival metropolises”. As soon as demand is stimulated after carnival, prices are most certain to increase again.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
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 € 1,334 € 1,354 € 1,297 € 1,300 € 1,527 € 1,188 € 1,329 €
8 Week 1,306 € 1,251 € 1,186 € 1,230 € 1,300 € 1,214 € 1,291 € 1,335 € 1,300 € 1,525 € 1,167 € 1,367 €
9 Week 1,306 € 1,251 € 1,187 € 1,230 € 1,302 € 1,266 € 1,392 € 1,300 € 1,552 € 1,132 €


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)