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EU Pig Prices: Further Reductions in Prices

by 5m Editor
15 September 2009, at 9:41am

EU - In many member countries, the European slaughter pig market this week presents downward trends, showing various price levels.

The pressure on the markets made prices range from remaining unchanged in Denmark to being decreased by up to 8 cents in Italy. The quantities on offer of pigs mature for slaughter are far too large for demand for pork to cope with them. The prices remained on an unchanged level altogether in Great Britain and Sweden, however as a result of changes in currency exchange rates, a price increase and a price reduction respectively arose.

The Dutch, observing a 5-cents’ price decrease, say this must be attributed to the ending barbecue season and the related price decline as to neck. With regard to the German price, there is talking about further downward price corrections, after the farmers did "panic sales", thus bringing more pigs mature for slaughter to the market. The prices in Denmark remained unchanged for the sixth time in succession.

Trend: The quantities of pigs mature for slaughter to be on offer is expected to decrease in the course of the ongoing week, so prices will be able to get stabilised. However, meat proves to continue to be difficult to be sold inland. In contrast, exports – of live pigs in particular – still are run on a high level.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
31 Week 1,506 € 1,483 € 1,403 € 1,440 € 1,448 € 1,577 € 1,624 € 1,481 € 1,727 € 1,500 € 1,610 € 1,287 € 1,367 €
32 Week 1,506 € 1,483 € 1,376 € 1,440 € 1,400 € 1,570 € 1,599 € 1,506 € 1,727 € 1,500 € 1,604 € 1,340 € 1,367 €
33 Week 1,506 € 1,483 € 1,376 € 1,440 € 1,381 € 1,582 € 1,595 € 1,557 € 1,651 € 1,500 € 1,585 € 1,355 € 1,367 €
34 Week 1,506 € 1,483 € 1,376 € 1,440 € 1,380 € 1,551 € 1,598 € 1,557 € 1,607 € 1,500 € 1,543 € 1,371 € 1,367 €
35 Week 1,506 € 1,493 € 1,377 € 1,440 € 1,383 € 1,551 € 1,615 € 1,684 € 1,588 € 1,500 € 1,535 € 1,401 € 1,367 €
36 Week 1,506 € 1,493 € 1,377 € 1,440 € 1,405 € 1,533 € 1,620 € 1,684 € 1,556 € 1,500 € 1,513 € 1,400 € 1,329 €
37 Week 1,446 € 1,435 € 1,377 € 1,390 € 1,407 € 1,518 € 0 1,684 € 1,556 € 1,470 € 1,524 € 1,381 € 1,329 €
38 Week 1,416 € 1,386 € 1,377 € 1,353 € 1,383 € 0 0 1,595 € 1,499 € 1,430 € 1,521 € 1,391 € 1,329 €


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)