EU pig market: One swallow does not make a summer

Published May 5, 2024

Tridge summary

The article provides an overview of the current situation regarding pig meat prices in Europe, focusing on Germany and other countries like Austria, Belgium, Denmark, Spain, and the Netherlands, where prices remain stable. The stable price of pigs for slaughter in Germany is also reflected in other countries, with only France and Italy experiencing a decrease due to factors like holidays and African swine fever. The European Union average price for slaughter pigs has seen a slight increase, with the highest increases reported in Latvia, Ireland, and Estonia. Overall, prices in most countries remain stable or show minor changes, with the exception of Denmark, the Czech Republic, Romania, Slovakia, and Slovenia, where prices have seen a slight decrease.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

But one swallow does not make a summer; a longer period of good weather would probably be necessary for a noticeable increase in demand, especially since a lot of goods had already been pre-produced and are in stock. There was no shortage of pigs for slaughter at the end of the month either, as slaughter capacity was lost due to the May Day holiday and Ascension Day. Although the slaughterhouses continued to push for a price reduction due to a lack of margins, the Association of Producer Groups for Livestock and Meat (VEZG) was able to keep its guide price for pigs for slaughter stable for the current slaughter week at 2.20 euros/kg of slaughter weight. According to the association, the supply of pigs ready for slaughter found buyers in full; the live market was described as balanced. Some producer groups even spoke out in favor of a price increase, with the upper value of the range being 2.25 euros/kg. Pressure in France and Italy With the stable price of pigs for slaughter, ...
Source: Proplanta
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