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EU Pig Prices: Stability Due to Slight Price Movement

by 5m Editor
12 May 2011, at 8:57am

EU - The European slaughter pig market appears in a mostly stable way this week.

The quotations are collectively moving around the level already achieved. The German quotation found itself caught in a crossfire: On Thursday and Friday, the slaughter companies exerted pressure increasingly, saying that that was a result of slower meat sales and the loss of tension related to it. Yet, with the weekend weather being suitable for barbecuing and with the live-animals’ offer being well placed, the green side was able to maintain unchanged prices. In Belgium the live-animals’ quotation was set downward by 1 cent (a corrected 0.5 cents). According to what some market participants said, the previous week’s price increase had been too high.

Quite some indignation was aroused among the Dutch producers. In this context, loud criticism was expressed by "De groene Belangenbehartiger" (DGB) with regard to the pricing as made at the Utrecht stock exchange. Rather untypical, the Dutch quotation deviated from the German leading quotation, thus ranking last again now among the five European member countries richest in pigs after the Danish quotation’s sideward movement. Spain set the course for a noticeable price increase, thus maintaining its lead by the price level of a corrected EUR 1.714. Positive impact is given by the lifting of the Russian bans on trade for meat from Germany. As of now, pork imports from Germany and that of related products are allowed again without needing laboratory tests for dioxin contaminations beforehand. This goes for pork and pork products produced before November 2010 and after 1 May 2011.

Trend for the German market: After last Friday’s disagreements between the red and green sides, the market situation appears to be increasingly balanced. The quantities on offer are being well accepted and the live-animals’ supply presents itself in a stable way.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
Week 12 1.436 € 1.379 € 1.475 € 1.421 € 1.492 € 1.373 € 1.430 €; 1.532 € 1.676 € 1.386 € 1.508 € 1.007 € 1.324 €
Week 13 1.456 € 1.398 € 1.475 € 1.433 € 1.494 € 1.397 € 1.437 € 1.532 € 1.676 € 1.407 € 1.534 € 0.997 € 1.324 €
Week 14 1.456 € 1.398 € 1.476 € 1.433 € 1.523 € 1,408 € 1.475 € 1.506 € 1.676 € 1.407 € 1.579 € 1.003 € 1.324 €
Week 15 1.496 € 1.436 € 1.475 € 1.482 € 1.570 € 1.470 € 1.483 € 1.503 € 1.676 € 1.427 € 1.616 € 0.997 € 1.324 €
Week 16 1.496 € 1.436 € 1.475 € 1.495 € 1.630 € 1.467 € 1.540 € 1.538 € 1.676 € 1.427 € 1.611 € 1.000 € 1.363 €
Week 17 1.526 € 1.475 € 1.475 € 1.519 € 1.635 € 1,483 € 1.544 € 1.582 € 1.676 € 1.458 € 1.659 € 1.009 € 1.363 €
Week 18 1.566 € 1.513 € 1.516 € 1.569 € 1.635 € 0 1,571 € 1.627 € 1.698 € 1.489 € 1.618 € 1.032 € 1,363 €
Week 19 1.566 € 1.503 € 1.516 € 1.556 € 1.636 € 0 0 1.627 € 1.714 € 1.489 € 0 1,020 € 1,363 €


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; farm-gate-price; 79 per cent killing out percentage, without value-added-tax (VAT)