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EU Pig Prices: Germany Left Out in the Cold

by 5m Editor
3 March 2009, at 9:24am

EU - This week witnesses an overall positive trend in the European slaughter pig market.

Some of the quotations are in a position to noticeably get a move on. Spain is a step ahead of the others, reporting a corrected 6 cents’ plus. Even in the Netherlands the quotation increased by a corrected 3 cents, thus clearly starting to close the last weeks’ above-average gap towards Germany.

The German price level was outrun by the French price, which also went up considerably. Demand improved in Poland as well, so the quotation there noticeably increased. With its corrected 1.27 euros per kg slaughter weight, it is drawing near again to the local price level.

In other countries, too, a plus was realised, as, for instance, in Belgium and Great Britain. Denmark and Austria were reported to have come to “German conditions”, which means that prices there remained unchanged. The Swedish quotation remained steady also; however it turns out to be weaker with regard to the corrected version for exchange-loss reasons.

Trend: During the week, there will be lower quantities of slaughter pigs being on offer throughout Europe. The consumers’ having a little more money left in their pockets at the beginning of the new month might have a stimulating effect on the demand for meat. The price increase is approaching.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
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 € 1,261 € 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 € 1,266 € 1,392 € 1,300 € 1,552 € 1,132 €
10 Week 1,306 € 1,280 € 1,187 € 1,255 € 1,330 € 1,266 € 1,449 € 1,300 € 1,541 € 1,093 €


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)