Livestock prices have soared, and the situation in Europe and China is supporting further increases

Another piece of good news for pig farmers. Livestock prices are rising at the beginning of March and the forecasts are more and more optimistic. - After 13 weeks of stagnation, Germany gave an impulse to increase the purchase prices of porkers in many European countries. First, a seemingly small (but significant) increase in the German price by 2 cents triggered a scale of increases in other EU countries from 2 to 6 cents per kilogram of carcass. According to the ISN, the biggest price jump was recorded in Belgium to the level of € 1.11 / kg (+ 6 ₵ t / t) and in the Netherlands to € 1.22 kg (+ 4 ₵ t / t). Slightly smaller increases by 2 cents were recorded in France and Austria, informs the National Association of Employers - Pig Producers. Importantly, the surplus of livestock should disappear from the German market soon, which had a positive impact on the sentiment, and thus allowed for a further increase in prices, which on February 24 reached the level of 1.30 € / kg (+ 9₵ t ...