POLSUS: The Polish pig market is mostly taken over by corporations

Published 2023년 3월 14일

Tridge summary

The Polish Association of Pig Breeders and Producers POLSUS has reported a stagnation in the pig market in Poland and Germany, with prices stable but production costs increasing. The European Union's total pork production has decreased by 5.7% to its lowest level since 2014. The market is dominated by corporations, with the largest plants offering maximum rates for fattening pigs. The market's stability is attributed to high production costs and the lack of acceptance of higher prices by trade. The only hope for market recovery is a decrease in feed costs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Polish Association of Pig Breeders and Producers POLSUS presented information on the current situation on the pig market in the country and in the world. It shows that in Poland the market is largely taken over by corporations. According to POLSUS spokesman Bartosz Czarniak, there is stagnation on the pig market in Poland and Germany. - ISW exchange sessions end with small price deviations, and the manner of conducting the auction and the number of animals sold indicate a slim chance of changing the price at the moment. On the Small Stock Exchange, the price was set at EUR 2.36 per kg in class E, which gives PLN 11.06 - writes Bartosz Czarniak in a communiqué published on March 10 on the POLSUS website. - For a month we have been observing price fluctuations in the range of EUR 2.35-2.36 on this trading floor, which further confirms the belief that the price is stable. This is reflected in the VEZG parquet, which has not changed its price since mid-February and the rate for ...

Source: Wrp