Live pork markets in Europe: Little movement expected this summer

After the sharp declines recorded in the wake of the German benchmark in the first week of July, calm has returned to the various pork markets in northern Europe which have stabilized their prices. In the south, the trend is also towards price stabilization despite smaller offers. In Germany, the recent drop of 10 cents has enabled faster marketing of pigs. But, in the meat market, the prices of parts have also been lowered, with sometimes very significant reductions, which has not improved company margins. Despite everything, these price reductions did not make it possible to revitalize sales. A growing share of the German population is now on leave and demand is easing as the football championship draws to a close. In this more balanced market context, pork prices could be stable for a period of 4 to 5 weeks. In Spain, the price is stabilizing despite a supply lower than the demand from slaughterhouses and weights which have been constantly decreasing for 2 months. The leading ...