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EU Pig Prices: Demand Gives Meat Business a Boost

by 5m Editor
31 March 2009, at 10:06am

EU - This week, the European slaughter pig market appears to go upward again, which applies for the Northwest in particular.

Denmark, Germany and the Netherlands have been able to moderately continue last week’s positive trend. A clear plus was reported on from Great Britain, too. The quantities of slaughter pigs on offer have decreased slightly and the slaughter companies are briskly demanding the live pigs available. The consumer demand has improved in a particularly noticeable way, which is reflected in the price increase. In Denmark, this is mostly attributed to the meliorating exports to third countries.

The situation proves to be unchanged in Spain, France, Belgium and Austria. In Sweden as well, the price moves sidewards, with only the exchange rate being on a change. The Polish quotation has not been able to remain on the existing level, decreasing by a perceptible corrected 6 cents.

Trend: For the week to come and with a view to Easter, the domestic demand for meat is expected to remain brisk and prices are anticipated to stay fix.