23.
10.14
Stable pork prices showing recovery signs

Schweine Cockpit, 23.10.2014

  • Vorweihnachstgeschäft revives demand
  • regional decreasing pressure
  • Battle figures remain at a high level
  • insufficient foreign business
  • Uncertainties due to general economic development

Battle pork market Germany

2014

43./44.KW

Thu until MI

42/43 KW

Thu until MI

41/42 KW

Thu until MI

40/41 KW

Thu until MI

39/40 KW

Thu until MI

38/39 KW

Thu until MI

37/38 KW

Thu until MI

36/37 KW

Thu until MI

35/36 KW

Thu until MI

34/35 KW

Thu until MI

V. price (€ / kg)

1.40

1.40

1.40

1.40

1.46

1.50

1.60

1.65

1.65

1.63

Advanced reservations(Units)

242.000

238.500

250,000

252,000

251.522

256.804

246.400

233.400

227.700

226.470

ISN-Internet auctions (Tue - Fri)

FR,31.10 - di, 28.10

Fr24.10. - Di21.10

Di14.10 Fr.10.10

Di7.10. - Fr,03.10

Di,30.09-Fr,26.09

Di,23.09-Fr,19.09

Di,16.09

Di,09.09

Di 02.09

Tue, 26

Average price (€/ kg)

1.45

1.44 1.43

eliminates 1.43

1.44 1.48

1.53 1.54

1.54

1.66

1.68

1.67

Supernatant in %

4%

14% - 44%

40% 41% 11% 19.5%

85.8% (!)

3.0 g

10.3%

9.3%

Unmodified pig prices for 43/44 KW (Thu, 23-MI, 29.Okt.)

The ISN Internet Exchange on Tue, Oct. 21, 2014 has led to an average price of € 1.45 / kg (+ 1 ct / kg compared to the Friday auction) at a range of 1.43-€1.47 / kg. 4% were not sold by the 2.630 offered pigs. The second Internet auction will take place on Fri, Oct. 24.

General market and prices:

The battle figures in Germany NL, B/L and DK remain at a high level. The range numbers in skimpy average move in Italy and France. Spain has to contend with the holiday time when weak international business. Industrial processing runs on before Christmas course and orders more and more goods at low prices. Offering fresh meat remains closely aligned with the sales limits of the domestic and international operations.

Current market situation in major production areas:Denmark:Danish pig prices were in the 43rd KW unchanged. The slaughter numbers have rebounded, though, remain with - 2.2% behind the previous year's return. For the upcoming 44 KW (27 to 31.Okt.) the base price will be...

In France/Brittany were small Monday market (20.10) -0.4 ct / kg with increased offer amounts paid. At the Thursday market 23 Oct. 14) were -ct/kg paid. The reported numbers of battle in whole France declined again.

The Dutch battle company have 43 KW by + 1 to + 2 ct / kg. The battle figures are above the average of the last few weeks. Should the prices for the 44 KW - (addendum follows) Belgium: the pig prices in 43 KW were slightly decreasing offer amounts raised to + 2 ct / kg. The battle figures in the good average level. The quotes of battle company of the 44 KW - ct/kg . (Addendum to follow)

Germany: The reported battle figures in the previous week fell rd. 1.069.640 (previous 1.077.224 week before last week 920.121) piece right up off. For the period from 23.10 Thursday to Wednesday 29.Okt.  (43/44 KW)the Association price €1.40 per kg or index point was unchanged.  The range from 1.40 to €1.43 / kg. The announced delivery quantities of next week move with 242.000 (last week 238.500) piece is still on above-average level.

In Austria applicable porkers base price for the 42/43 KW has been retained unchanged. The listing for the upcoming 43rd/44th KW should further are unchanged.

The pig prices in Spain (23.Okt. 2014) - ct/kg (addendum follows are).

In (upper), pig prices in 43 KW wereItaly on Monday (20.10), in Modena to + 0.7 ct / kg increase.On Tuesday (21.10.) was in Reggio Emilia + 1 ct / kg noted.  In the MI, 08.10 was quoted in Cremona unchanged . The reported slaughter numbers move further to below-average of 42.119 piece.

Views: The pressure eased due to increasing demand for processing goods before Christmas business. The reservations are still above average. Further price declines are not expected, the amount of improvement but remains open.

US the Lean hogs Futures Quotes travelled to flying high in the month of September now towards €1.52 per kg, with the changing of the euro brings some distortion. You can get better control the weekly PEDv cases fallen to one-third. For 2015 , the + 5% USDA estimates more U.S. pork production.

Chinese pork prices record with €2.45 per kg back in the average range. The sow - and pig go back significantly. For the new year 2015 predicts the USDA Chinese pork imports increased to 1.36 million tonnes or  +17 %.Russian pig prices are again on the level of €3.40 / kg SG. Russia's politicians have to increase maximum now their inflation forecasts of promised 7% to 8% to 13% to 14%. Russia demands are, continuing to limit the future imports, to take the wind out of the sails not the efforts of the domestic production.

Brazilian pork prices exceeding the level equivalent €2 / kg, due to the demand for Russia partly but also exchange rates. Falling feed costs the Brazilians expected a big business in the pig sector, at least as long as the Russian import ban for the EU and North America is true.

Stable pork prices showing recovery signs
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ZMP Live Expert Opinion

After 4-week pork prices at a low level of €1.40 per kg, some consolidation with prospects of recovery emerging in the light of the ongoing before Christmas business. In some European countries the rates have been raised already in the current week slightly. In Germany waiting for.  The number of advance registrations are still above average level. End of next week are holidays to the Reformation day and all Saints Day to schedule in some provinces.

You should be from the if necessary. coming in 2015 even to spoil the mood not less erfreulichern developments.

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