Germany: Downward spiral in slaughter pork prices continues

There is still no easing in sight on the German slaughter pig market. The supply of pigs, like the slaughter weights, increases seasonally; But the larger quantities are not needed. In the run-up to the relevant slaughter pig listing, several slaughterhouses - with reference to the weak meat market - pressed for a significant reduction in their purchase price. However, the Association of Producers' Associations for Cattle and Meat (VEZG) only wanted to follow this to a limited extent due to the already very low level and corrected its guide price down by 1 cent to 1.24 € / kg slaughter weight (SG) last Wednesday (29.9.) This was not enough for some slaughterhouses, including Tönnies. They announced house prices of 1.20 € / kg for the current slaughter week. The situation is made even more difficult by the fact that, according to the slaughterhouses and cutting plants, there are staff shortages, which slows down the outflow of pigs. On the other hand, less pork reaches the market, ...