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EU Pig Prices: Easter Business Propels Prices

by 5m Editor
7 April 2009, at 9:12am

EU - As a result of the booming Easter Business, the European slaughter pig market continues to develop in a positive way this week.

Many quotations went on increasing at various levels. With Easter ahead, the consumers’ propensity to buy is booming. On top of that, first invitations for barbecues are extended – and above all in the Dutch camping grounds. Belgium reports on a clear price increase to take place, with the corrected quotation going up by approximately 4 cents after last week’s stagnation and need to catch up. In Great Britain, the corrected quotation’s increase must be attributed to no more than the exchange rate development.

The German quotation went up moderately by 2 cents, being followed closely by the Netherlands. Thus, the French, German and Dutch quotations are at close quarters again. Denmark continues to catch up, quoting plus 2.7 corrected cents. In Spain, the current four-week top level could be maintained. Pressure is exerted on the Polish quotation through the change in currency exchange rates.

Trend: Over Easter, a few days of slaughter will be lacking. However, part of the live animals on offer has been brought forward, so that no adverse effect must be expected if demand continues to be brisk. All in all, the prices are anticipated to remain steady over Easter.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
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 € 1,328 € 1,266 € 1,449 € 1,300 € 1,541 € 1,093 € 1,348 €
11 Week 1,306 € 1,280 € 1,187 € 1,255 € 1,331 € 1,304 € 1,393 € 1,266 € 1,449 € 1,300 € 1,552 € 1,085 € 1,348 €
12 Week 1,326 € 1,309 € 1,186 € 1,279 € 1,332 € 1,414 € 1,475 € 1,266 € 1,502 € 1,330 € 1,524 € 1,147 € 1,348 €
13 Week 1,326 € 1,319 € 1,213 € 1,304 € 1,367 € 1,357 € 1,490 € 1,266 € 1,502 € 1,330 € 1,511 € 1,152 € 1,348 €
14 Week 1,346 € 1,338 € 1,241 € 1,304 € 1,369 € 1,325 € 1,266 € 1,502 € 1,330 € 1,554 € 1,169 € 1,367 €
15 Week 1,366 € 1,357 € 1,268 € 1,341 € 1,370 € 1,266 € 1,502 € 1,350 € 1,587 € 1,201 € 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)