Spain: The price of Iberian pigs plummets in Salamanca

On the occasion of the San Andrés Fair, the Salamanca Agricultural Market set on Monday, November 30, the first price for acorn-fed Iberian ham between 2.10 and 2.30 euros per live kilo for animals with 100% breed purity . This price marks an all-time low as there has not been such a low price since 2013; and it is almost 33% lower than that set on the same date last year. In the case of the 75% Iberian acorn animals, a price was set between 2.00 and 2.20 euros per live kilo and the 50% Iberian pigs ranged between 1.80 and 2.20 euros per live kilo, which which reflects a decrease of 32.2% in the annual comparison. This auction session, which is held every year in Ciudad Rodrigo (Salamanca) to set the starting prices for the sector, is used as a reference for all types of sale and purchase operations nationwide. According to sources from this auction, the low demand set a trend in acorn animals before the closure of the hotel industry due to the restrictions derived from COVID, ...