(AMI) The mood among the players is strained throughout Europe. This is due to the strong pressure on the cost prices of slaughter pigs and meat prices. A bottoming of the reduced pork prices is Not yet in sight.
In France, the slaughterhouses only reluctantly order slaughter pigs, increasing the demand for meat. In particular processing goods can be marketed only with losses in the downstream trade levels. Low-priced foreign offers are the reason. At the same time, the supply of pigs is significantly larger than the demand. Similarly, it looks in Spain. In the meat trade, ham, chops and fillets only with price concessions and neck change hands. The export of products to China runs normal railways, shipping falters, however, after Japan and South Korea. The local importers order only Very much cautious in anticipation of further falling prices. The pig prices in Spain will give probably more noticeable. Of a crisis in the pork market is spoken in Belgium. Here, too, the supply of pigs exceeds demand the abattoirs. The export of halves of the is crippled due to lack of outlets. Light hope rests on the euro lower against the dollar, which could benefit exporters in third country trade something. Also in Italy the industry cannot avoid the unusual this time of year price pressure from Northern Europe, the pig prices downwards.
