Piglets in Europe start the year 22.2% more expensive

Published 2024년 1월 7일

Tridge summary

Piglet prices rose by 22.22% in the annual comparison due to high demand and short supply, with no changes in Iberian and white pork prices in European markets. In Germany, the supply of pigs for slaughter is somewhat larger at the beginning of the new year, but still lower than previous years, and the number of farms has decreased significantly. Delays in withdrawal are affecting demand for pigs at the Breton Pork Market, and average weights are expected to increase during the next two weeks. In the United States, pork prices continue to decline, while in China, the impending Chinese New Year is supporting the price of pork.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Piglets continued to rise in the first week of the year, due to the superiority of demand over the short supply, accumulating an increase of 22.22% in the annual comparison. According to sources from the Binéfar Market, a fair offer that cannot meet the requirements despite the high prices achieved. The quotations of the primed ones scored repetitions. Likewise, Iberian pork prices also remained unchanged in the different national markets. The main European countries also started the year without changes in white pork prices. In Europe, the position of the holidays favors the maintenance of good fluidity in the removal of pigs, especially since all European countries have decreasing pig herds. Germany repeats at 2.10 euros/kg. According to AMI sources, at the beginning of the new year, the supply of pigs for slaughter is, as expected, somewhat larger. At the same time, however, volumes remain lower than previous years and most fatteners expect a rapid reduction. The strike ...
Source: Agropopular

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