EU Pig Prices: Steady in the North – Weak in the South
EU - This week, the European pig slaughter market has levelled off in many countries. The unchanged German quotation is carried over into the neighbouring countries, resulting in constant prices there as well.
8 October 2015
3 minute read
By: After the German quotation succeeded in holding its ground on Wednesday, unchanged prices were also reported on from the Netherlands and Belgium.
In Denmark as well, the pig slaughter prices moved sideward. The prices were even raised slightly by the Dutch slaughter company Hilckmann.
Yet, stability is not prevailing everywhere: In southern Europe, the prices tend to weaken for seasonal reasons.
In Spain, the price went down by a corrected 3.9 cents. It is with great concern that competitive pressure in Spain is observed as well as the production increasing at the same time.
In France the situation continues to be muddled. Two slaughter companies are still making their own purchasing prices. This proves to be problematic for the other slaughter companies that purchase at higher prices from the Plérin auction.
Austria as well did not follow the German sideward movement this week. Austrian customers had demanded a price decrease because of the increased price gap towards Germany. At present, the corrected Austrian quotation does exceed the German quoting level in a noticeable way.
Trend for the German market: All parties involved describe the situation as altogether balanced on the pig slaughter market. The extensive quantities on offer meet extraordinarily vivid demand on the part of the slaughter companies. Short-term marketing is possible as well as placing one batch or the other. From today’s point of view, the price is expected to remain unchanged at least.
