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EU Pig Prices: Consumer Demand Forces Up Prices

by 5m Editor
27 March 2012, at 6:58am

EU - Mostly increased pig prices could be enforced on the EU markets this current week. On the one hand, the sunny spring weather quickens the sales of barbecue meat in particular. On the other hand, the slaughter companies and the meat processing industry are already taking all necessary precautions for the upcoming Easter sales.

In many places, the quantities of pigs mature for slaughter on offer lag behind the increased demand. In Germany and Belgium, the most considerable price increase (+ 5 cents) could be recorded. In the Netherlands and in Austria, the price went up by + 4 cents, and it did by + 3 cents in Denmark.

Only in France the prices are still going down. Within a period no longer than just four weeks, the French quotation fell by almost 17 cents. But the French are also cautiously optimistic, saying that they may have passed the lowest point, because the prices now were at about the German, Dutch and Danish prices’ level. No change in prices was reported from Spain. However, Spanish market observers state that the market might get under pressure as a result of the growing gap between the French and Spanish prices as well as of the impending general strike and of days of slaughter missing over Easter.

Trend for the German market: Currently, brisk demand is seen on the part of the slaughter companies which cannot always be covered promptly by the quantities which are available. There are even reports, that the meat market is clearly under-supplied. The market situation is estimated to remain friendly. So, the prices are expected to remain steady or even go up over the week to come.

Week D NL DK B F PL CZ IT ESP AUT GB SWE IR
Week 06 1.546 € 1.513 € 1.493 € 1.532 € 1.558 € 1.532 € 1.596 € 1.572 € 1.563 € 1.468 € 1.526 € 1.069 € 1.411 €
Week 07 1.546 € 1.503 € 1.521 € 1.532 € 1.594 € 1.602 € 1.573 € 1.589 € 1.594 € 1.468 € 1.495 € 1.074 € 1.411 €
Week 08 1.546 € 1.503 € 1.520 € 1.556 € 1.653 € 1.613 € 1.594 € 1.639 € 1.650 € 1.468 € 1.528 € 1.071 € 1.411 €
Week 09 1.546 € 1.513 € 1.520 € 5.556 € 1.714 € 1.606 € 1.582 € 1.643 € 1.701 € 1.499 € 1.520 € 1.072 € 1.411 €
Week 10 1.546 € 1.513 € 1.520 € 1.556 € 1.690 € 1.614 € 1.619 € 1.646 € 1.713 € 1.499 € 1.606 € 1.071 € 1.430 €
Week 11 1.546 € 1.513 € 1.520 € 1.544 € 1.640 € 1.589 € 1.647 € 1.646 € 1.713 € 1.499 € 1.634 € 1.062 € 1.430 €
Week 12 1.546 € 1.513 € 1.520 € 1.532 € 1.591 € 0 0 1.646 € 1.713 € 1.499 € 1.658 € 1.068 € 1.430 €
Week 13 1.596 € 1.551 € 1.547 € 1.581 € 1.545 € 0 0 1.646 € 1.713 € 1.540 € 1.668 € 1.060 € 1.430 €


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)