EU: Purchase prices for pigs have slowed down, but the drama of breeders continues

Published 2021년 10월 18일

Tridge summary

The article highlights the ongoing pressure on pig purchase prices in many EU countries, with some countries like Spain and Denmark seeing a reduction of 2-5 cents per kilogram. The high seasonal supply of live pigs and lack of demand from processors have led to this situation. The European Commission has refused to intervene in the pork market, and about 5% of pork remains unsold on the EU market. The situation is expected to improve in spring if production in EU countries drops. Concerns are also raised about the spread of the ASF virus, particularly in Germany.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The pressure on the purchase prices of pigs persists in many EU countries. According to ISN quotations, apart from the Netherlands and Austria (where the prices from a week ago were kept), slaughterhouses reduced their prices by 2-5 cents per kilogram (wbc). The supply of live pigs on the EU market remains high seasonally, with no appropriate demand from processors. The meat factories are filled with pork cold stores and freezers. The demand for pork from trade remains relatively low. Spain has been experiencing a gradual reduction in the purchase price of pigs for many weeks. Last week brought another drop (-4 ₵ / kg t / t) due to the lack of a demand impulse from China. The weight of the slaughtered pigs is increasing in the Iberian Peninsula. Denmark also recorded a decline (-4 ₵ / kg t / t). In France, the decrease was (-3 ₵ / kg t / t), and in Belgium (-2 ₵ / kg t / t). Also read: Pork prices are falling, and lamb and beef are rising In Germany, there is no change in the ...
Source: SwiatRolnika

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