Pig price in the Netherlands is under pressure while the retail price is constant

Published 2021년 9월 23일

Tridge summary

The article reports a decrease in both farm-gate and industry prices for pork in China, by 7% and 9% respectively, over the period of May to July. This decline is linked to the recovery of China's pig production from African swine fever and the resulting oversaturation of the European market. Additionally, China has banned pork imports from Germany due to ASF. The decrease in prices is anticipated to be mirrored in consumer prices. Other factors contributing to the price drop include hesitancy among piglet buyers due to high feed costs and disappointing selling prices for fattening pigs, and a less robust seasonal demand revival.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The farm-gate price fell by 9 points (7 percent) to 122 points between May and July. The industry price even fell 11 points (9 percent) to 106 points and the decline continues. Consumer prices are expected to follow the decline. The price development is related to the Chinese pig production, which is recovering from African swine fever (ASF). In addition, China has closed the borders for pork from Germany, where ASF has also been reported. Until recently, export from Germany to China or via some Spanish slaughterhouses was possible. Saturated European market Producers therefore now have to sell meat on a saturated European market. Prices on the world market are not bad in themselves, but European exporters benefit little from this due to limited sales volumes. The farm-gate price and the industry price move in tandem. The piglet price is generally a good indicator of the expectations for the profitability in the fattening pig sector in the coming months. This piglet price has ...
Source: Nieuwe Oogst

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