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EU pig prices: positive turning point for Dutch and Danish prices

While most quotations are falling noticeably again, the mood in Denmark and the Netherlands is moving in a more positive direction.

24 January 2020, at 10:02am

ISN reports that Spain, Germany, Belgium, Austria and the UK suffered a further drop in pig prices this week but the pressure on the pig market has decreased since the beginning of the year.

It is striking that the Dutch price improved by 1 cent after the significant drop of 9 cents in the previous week. In Denmark, the price increased further by 1 cent. Since the beginning of the year, Danish Crown has increased the payment prices by a total of five corrected cents. Ultimately, Denmark leads the ranking of the five largest pig-keeping EU member countries with increasing distance ahead of its competitors.

After the recent price drop, Spain remains in second place. The slaughter weights are remarkably high there, as in other EU countries.

In France, slaughter weights are declining and the drop in prices there is currently exacerbated by the strike events in the country. This is creating logistical issues and goods cannot be transported to the ports in order to be exported from there. The cold stores are full and the goods have to be sold fresh.

European pig price comparison by ISN
European pig price comparison by ISN

The top five pork-producing European regions. © ISN