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EU Pig Prices: Market Situation Well Balanced

by 5m Editor
10 June 2009, at 8:37am

EU - The European slaughter pig market appears to be mostly steady this week.

Quotations in France and Great Britain were even reported on to have increased a little. However, in Great Britain the price increase is undone, as a result of changes in the currency exchange rate. The Polish and Czech corrected quotations are looking up clearly. This may serve as an explanation for the live exports towards the East gathering momentum again.

As a result of a compromise made between the German producers and slaughter companies, the German quotation went down slightly. Decreasing by 2 cents, the Dutch price is lagging behind the German quotation again. Austria very much suffered from strongly increased imports of pigs and pork from Germany, thus lowering the price considerably.

Trend: Although the Feast of Corpus Christi means another public holiday in Germany, the prices downward trend is expected to come to a halt. The quantities of live pigs on offer have gone down to such an extent that prices might even increase if there were no public holiday this week.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
16 Week 1,366 € 1,357 € 1,295 € 1,341 € 1,371 € 1,447 € 1,511 € 1,316 € 1,502 € 1,350 € 1,596 € 1,192 € 1,367 €
17 Week 1,406 € 1,386 € 1,295 € 1,378 € 1,370 € 1,447 € 1,493 € 1,291 € 1,502 € 1,390 € 1,635 € 1,172 € 1,406 €
18 Week 1,406 € 1,396 € 1,322 € 1,378 € 1,371 € 1,380 € 1,518 € 1,228 € 1,502 € 1,390 € 1,608 € 1,218 € 1,406 €
19 Week 1,366 € 1,357 € 1,322 € 1,341 € 1,369 € 1,432 € 1,516 € 1,203 € 1,502 € 1,350 € 1,640 € 1,234 € 1,463 €
20 Week 1,366 € 1,357 € 1,322 € 1,341 € 1,361 € 1,394 € 1,501 € 1,203 € 1,464 € 1,350 € 1,641 € 1,256 € 1,482 €
21 Week 1,416 € 1,396 € 1,322 € 1,390 € 1,349 € 1,372 € 1,491 € 1,278 € 1,464 € 1,400 € 1,642 € 1,241 € 1,482 €
22 Week 1,466 € 1,445 € 1,322 € 1,427 € 1,367 € 1,448 € 1,544 € 1,278 € 1,490 € 1,450 € 1,661 € 1,260 € 1,501 €
23 Week 1,416 € 1,416 € 1,376 € 1,366 € 1,374 € 1,457 € 1,342 € 1,531 € 1,450 € 1,684 € 1,245 € 1,501 €
24 Week 1,406 € 1,396 € 1,376 € 1,366 € 1,377 € 1,342 € 1,532 € 1,390 € 1,674 € 1,207 € 1,501 €


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)