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EU Pig Prices: GB Takes the Lead in Markets

by 5m Editor
10 March 2009, at 7:21am

EU - Reports on the European slaughter pig market say that the situation is steady this week.

For the ninth time in a row, the German quotation proves to remain on the unchanged level of a corrected 1.31 euros per kg slaughter weight. This is framed by prices being steady also in the neighbouring countries: the Netherlands, Denmark, France, Belgium and Austria. Prices are rampant in Spain, going up by 4 cents there. Gradually relaxing quotations are reported from Poland and the Czech Republic.

Great Britain is slightly ahead of the others, reporting on prices to be increasing, too, as a result of scarce quantities of live pigs on offer. In Sweden as well, the quotations are going up a little. Yet, as a result of changes in currency exchange rates, the corrected version of quotations remains a little lower, thus keeping Sweden being last to no-one. There’s a lot of eagerness about the question when the pig stock reductions will finally have an effect throughout Europe, making supply run short. Reportedly, France alone is expected to produce 1.6 per cent less pork this year than they have last year.

Trend: Europe as a whole waits for positive signs to come from Germany. There is hope that demand gets stimulated for seasonal reasons, so that prices finally may go up.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
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 € 1,261 € 1,291 € 1,335 € 1,300 € 1,525 € 1,167 € 1,367 €
9 Week 1,306 € 1,251 € 1,187 € 1,230 € 1,302 € 1,271 € 1,310 € 1,266 € 1,392 € 1,300 € 1,552 € 1,132 € 1,348 €
10 Week 1,306 € 1,280 € 1,187 € 1,255 € 1,330 € 1,280 € 1,266 € 1,449 € 1,300 € 1,541 € 1,093 € 1,348 €
11 Week 1,306 € 1,280 € 1,187 € 1,255 € 1,331 € 1,266 € 1,449 € 1,300 € 1,552 € 1,085 € 1,348 €


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)