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

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Belgium

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Poland

Published Mar 15, 2023

Tridge summary

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 the Odra River is currently EUR 2.28 per kg in class, i.e. PLN 10.72.

Original content

According to EUROSTAT data, total pork production in EU countries fell by 5.7% to the lowest level since 2014 and amounts to 22.1 million tonnes. This is reflected in the decreasing number of slaughters, for example, in Belgium, the number of slaughters decreased by 9% year on year. This is due to the increasing production costs in meat plants and piggeries, with the simultaneous lack of acceptance of higher prices by trade. – The only hope for market recovery is a decrease in the costs and prices of feed, however, this situation may mainly concern closed cycles or those focused on the production of piglets. Of course, this is related to the demand for a piglet, which in Poland reaches even PLN 600 per animal, which means that the purchase of such an animal is associated with a huge risk of investment failure, informs Bartosz Czarniak. In Poland, the price has stabilized and the largest plants offer maximum rates for fattening pigs in the range of PLN 10.55-10.60 in class E. ...

Source: Wrp