In the countries from where prices started to decline, the prices were now reported to be quoted in a widely unchanged way. Among them are: Germany with its leading quotation and both the Netherlands and Belgium as neighbouring countries. In Austria, some slaughter companies responded to the quotations by giving so-called house prices. Other countries had to cope with further price reductions: the French prices went down again, thus approaching the midfielders as to prices. The Danish quotation, having defied the price drop until now, was not able to permanently maintain the prices on the level achieved and went down slightly.

The Spanish quotation, too, was revised slightly downward. There in that popular tourist destination an overall apocalyptic mood is observed. The country’s economic problems are passed on to the pig market. On top of that, the feed costs have not gone down so far. According to information from the AMI, the piglet prices collapsed completely and have thus halved. So, market analysts expect the Spanish pig stock to go down severely.

Trend for the German market: The price increase, which is being hoped for and which could not yet be put through Friday last week, is now imminent. With the weather forecasts being good and the consumers willing for barbecuing on the long weekend ahead, the demand for meat should be boosted. At the same time, the quantities of live pigs on offer are not too large, so no backlog supply is expected after Ascension Thursday as a missing day of slaughter.

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)