ZPM: Things are going badly on the EU pork market

A decline in slaughter in pieces was recorded in all Member States, except Greece (+5.6%), but in tonnes the decline concerned all. A deep decline in slaughter in Denmark was already recorded, which deepened significantly in the first five months of the year (-18.3% on an annual basis, calculated in pieces). In addition, production fell in the largest pork producers: in Spain and Germany, by 9 and 9.5 percent, respectively. Deep drops also apply to Slovakia (-13.9%), Latvia (-13.2%) and Belgium (-13.1%). A relatively low decrease in production concerns Romania, Sweden, Italy and Hungary (decreases from -1 to -2.6%). Big drops in prices of fattened pigs After several months of increases, the prices of fattening pigs have unfortunately been falling recently. In the 33rd week of 2023, the average purchase price of pigs for classes S and E on the EU market was EUR 239.9/100 kg, i.e. - 4.4 percent. month to month. The demand from slaughterhouses is not excessive. Due to the fact that ...