EU Pig Prices: Further Price Increases

EU - The atmosphere on the slaughter pig market continues to be friendly this week.
calendar icon 15 June 2010
clock icon 3 minute read

From most of Europe, increasing quotations are reported on. The price increases range from one cent (Great Britain) to six cents (Austria). Sweden and France are the only exemptions. There, the pig prices remained on an unchanged level.

In France, the unchanged price is said to be caused by a well-balanced supply-and-demand situation. The Spanish price increase is attributed to good demand (from the rest of Europe in particular) and to the limited quantities of pigs for slaughter on offer. The Spanish domestic market, however, could be running more smoothly. The Dutch price follows the German quotation; otherwise, larger quantities of Dutch pigs mature for slaughter would be exported towards Germany as a result of the price difference.

Trend: Pigs continue to be widely demanded by the slaughter companies whereas the quantities on offer still remain insufficient. Therefore, the prices are possible to go on rising this week as well.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
17 Week 1,306 € 1,299 € 1,286 € 1,267 € 1,297 € 1,194 € 1,321 € 1,291 € 1,404 € 1,310 € 1,576 € 1,160 € 1,214 €
18 Week 1,336 € 1,328 € 1,313 € 1,292 € 1,354 € 1,200 € 1,327 € 1,291 € 1,451 € 1,340 € 1,571 € 1,156 € 1,253 €
19 Week 1,336 € 1,328 € 1,353 € 1,292 € 1,330 € 1,202 € 1,358 € 1,291 € 1,498 € 1,340 € 1,586 € 1,165 € 1,253 €
20 Week 1,356 € 1,348 € 1,381 € 1,316 € 1,332 € 1,291 € 1,362 € 1,291 € 1,528 € 1,370 € 1,628 € 1,184 € 1,253 €
21 Week 1,396 € 1,386 € 1,407 € 1,353 € 1,383 € 1,275 € 1,385 € 1,291 € 1,569 € 1,400 € 1,632 € 1,161 € 1,291 €
22 Week 1,426 € 1,416 € 1,448 € 1,378 € 1,383 € 1,392 € 1,432 € 1,329 € 1,601 € 1,420 € 1,660 € 1,219 € 1,291 €
23 Week 1,456 € 1,454 € 1,448 € 1,415 € 1,417 € 1,378 € 1,642 € 1,450 € 1,727 € 1,233 € 1,329 €
24 Week 1,506 € 1,503 € 1,475 € 1,417 € 1,392 € 1,668 € 1,510 € 1,740 € 1,229 € 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)

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