Fattening pig quotation in Europe is down due to falling demand

Published Dec 28, 2022

Tridge summary

Recent demand for meat has primarily been from Eastern Europe, leading to price increases in Northeast and Western Europe, while Southern Europe, Asia, China, and England have seen no movement. However, demand in Eastern Europe has suddenly stopped just before Christmas as the region is now well-supplied. In China, demand is declining due to the spread of corona after lockdown. As a result, the European markets are experiencing an oversupply of meat with insufficient sales opportunities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Vion, demand has almost exclusively come from Eastern Europe in recent weeks. This has caused price increases in Northeast Europe and Western Europe since week 47, while in recent weeks there has been no movement in Southern Europe, Asia, China and England and the extra demand for the holidays has been missing. writes Vion. Now that Eastern Europe is supplied with more than enough meat, demand has suddenly come to a standstill just before Christmas, the company notes. 'In China we see that corona is spreading much harder after the lockdown, which means that demand there declines further. There has been no demand for meat parts from China for some time now and the demand for by-products is considerably less.' Because the sales of pork in ...
Source: Nieuwe Oogst

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