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EU Pig Prices: Markets Steady for the Most Part

by 5m Editor
5 October 2011, at 9:37am

EU - This week, the market development continues to be steady to slightly positive on the European slaughter pig market.

The price level is reported to be unchanged in the majority of countries. Ireland alone can be regarded as an outlier. There, the largest slaughter company reduced its payment by 4 cents, thus causing the Irish average price to go down by 2 cents.

After France, Belgium and Italy were able to achieve a slight increase of pig prices last week, Denmark follows this week just as France does again. This way, Denmark detaches itself ever more from Germany, now being ahead by as many as 4 cents. In Germany, the nominal price remained unchanged in fact, yet as a result of amendments made to the form of classification and invoicing a loss caused by the amendments is expected to emerge for the farmers amounting to 0.5 to 1 cent per kg.

Trend for the German market: No major change in the market is expected in the days to come. Over the past weeks, various batches were brought forward for marketing. But with 3 October being a public holiday in Germany, the slaughtering of some pigs needs to be postponed to the next few days. At the same time, the ordering of winter crop has already been completed to such an extent that the marketing of pigs mature for slaughter is being more focused on. The batches intended for selling continue to be marketed swiftly.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
Week 33 1.476 € 1.408 € 1.490 € 1.445 € 1.497 € 1.468 € 1.564 € 1.766 € 1.666 € 1.396 € 1.559 € 1.072 € 1.401 €
Week 34 1.476 € 1.408 € 1.490 € 1.445 € 1.479 € 1.477 € 1.584 € 1.842 € 1.638 € 1.396 € 1.571 € 1.074 € 1.401 €
Week 35 1.476 € 1.408 € 1.490 € 1.445 € 1.474 € 1.445 € 1.572 € 1.623 € 1.396 € 1.556 € 1.139 € 1.401 €
Week 36 1.476 € 1.408 € 1.490 € 1.445 € 1.469 € 1.455 € 1.549 € 1.623 € 1.396 € 1.532 € 1.163 € 1.401 €
Week 37 1.476 € 1.408 € 1.491 € 1.445 € 1.462 € 1.443 € 1.515 € 1.827 € 1.623 € 1.396 € 1.567 € 1.194 € 1.401 €
Week 38 1.476 € 1.408 € 1.491 € 1.445 € 1.471 € 1.466 € 1.512 € 1.842 € 1.623 € 1.396 € 1.578 € 1.184 € 1.401 €
Week 39 1.476 € 1.408 € 1.492 € 1.458 € 1.481 € 1.509 € 1.867 € 1.623 € 1.396 € 1.577 € 1.164 € 1.401 €
Week 40 1.476 € 1.408 € 1.519 € 1.458 € 1.497 € 1.867 € 1.623 € 1.396 € 1.600 € 1.184 € 1.382 €


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)