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EU Pig Prices: Price Increase Finally Realised

by 5m Editor
12 July 2011, at 9:38am

EU - After the slaughter pig prices had remained on an unchanged level over the past 4 weeks in most European countries, a price increase could be realised in many of the important countries this week.

With an eye to the precarious situation, such price increase had long been waited for by the pig keepers.

A sign was set for other neighbouring countries by Germany’s 4-cents’ price increase. The quotations in Austria, Belgium and the Netherlands went up by 1 to 4 cents. Reports are received from many countries that the quantities of pigs mature for slaughter have decreased. Some slaughter companies are trying to cover their needs by importing live animals from other countries. On the meat market, slight impulse can be recognised on the domestic markets at the beginning of the month. At the same time, demand proves to be brisk on the export markets.

Trend for the German market: As to the days ahead, the quantities of pigs registered for slaughter still lag behind the slaughter companies’ demand. Lots are partly being brought forward in order to help satisfying their demand. Even if, as a result of the holiday season, the meat sales are not really increased in many regions throughout Europe, a lot of market participants expect the market situation to remain positive over the next weeks.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
Week 20 1.486 € 1.436 € 1.516 € 1.470 € 1.599 € 1.448 € 1.559 € 1.620 € 1.714 € 1.407 € 1.731 € 1.049 € 1.401 €
Week 21 1.446 € 1.398 € 1.516 € 1.433 € 1.550 € 1.422 € 1.563 € 1.620 € 1.695 € 1.366 € 1.733 € 1.057 € 1.401 €
Week 22 1.446 € 1.398 € 1.489 € 1.433 € 1.504 € 1.419 € 1.552 € 1.627 € 1.670 € 1.366 € 1.728 € 1.060 € 1.401 €
Week 23 1.506 € 1.455 € 1.489 € 1.482 € 1.500 € 1.466 € 1.553 € 1.601 € 1.670 € 1.407 € 1.713 € 1.049 € 1.401 €
Week 24 1.506 € 1.455 € 1.516 € 1.495 € 1.493 € 1.500 € 1.580 € 1.601 € 1.683 € 1.407 € 1.726 € 1.034 € 1.401 €
Week 25 1.506 € 1.455 € 1.515 € 1.482 € 1.485 € 1.528 € 1.568 € 1.639 € 1.683 € 1.407 € 1.700 € 1.026 € 1.401 €
Week 26 1.506 € 1.455 € 1.516 € 1.482 € 1.479 € 1.552 € 1.578 € 1.671 € 1.683 € 1.407 € 1.667 € 1.079 € 1.401 €
Week 27 1.506 € 1.465 € 1.516 € 1.482 € 1.479 € 1.671 € 1.683 € 1.407 € 1.637 € 1.085 € 1.401 €
Week 28 1.546 € 1.475 € 1.516 € 1.519 € 1.482 € 1.677 € 1.683 € 1.448 € 1.659 € 1.091 € 1.401 €


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)