Germany: Pig prices continue to decline; the drama of breeders continues

In VEZG quotations, pig prices in Germany fell by 4 cents to 1.20 euro per kilogram (wbc). The German market is currently flooded with slaughter pork, especially from Spain. The first signals of increasing pressure on pig prices appeared in the 39th week of the year. The purchase price for porkers has been reduced by 1 cent to 1.24 euro per kilogram (wbc). The large slaughterhouses did not recognize such a small reduction in the price of pigs and purchased them based on their price lists. In view of the high seasonal supply of livestock and the weak processing demand in the VEZG quotations in the 40th week, the purchase prices were reduced by a further 4 cents to the amount of EUR 1.20 per kilogram of slaughter weight. There is also a shortage of slaughter and demolition personnel in German slaughterhouses. Currently, the purchase is smaller and the surplus of livestock on the market is growing. This is especially true in the northwest of Germany. Also read: High prices in shops! ...