Germany:V-price2.20 €/kg (range 2.15 - 2.20 €/kg)
The weekly slaughter figures were higher at around 691,367 pigs (previous week 618,791), while slaughter weights remained the same at 98.2 kg.
Pre-registrations were roughly the same at 260,700 p igs (previous week 260,900) .
The ISN auction on Tue, Apr. 16, 2024 brought an average of €2.27/kg in a range of €2.25 - €2.275/kg.
The V-price for the period from 18.04.2024 to 24.04. 2024 has been set at €2.20/kg in a range of €2.15 - €2.20/kg.
German slaughter pig market
ASF: As of April 5, 2024, 5,679 ASF-infected wild boars have been detected in Brandenburg, Saxony and Mecklenburg. The infection pressure has decreased significantly.
Market and price trends in selected competitor countries:
In Denmark , comparably calculated prices remained unchanged at €1.81/kg in CW 16, 2024.
In Belgium, the comparably calculated prices of € 2.08/kg also remained unchanged in week 16 of 2024.
In the Netherlands , prices in CW 16, 2024 will remain unchanged at comparable prices of €2.08 /kg.
In France/Brittany , prices have remained unchanged at €2.03/kg . At 359,044 pigs, the slaughter figures are again on average with a carcass weight of 96.67 kg.
In Italy, prices remained unchanged in week 16, 2024. The market is balanced.
In Spain, prices in week 16, 2024 remained unchanged at a comparable €2.35/kg. Live supply remains tight, but meat sales are difficult.
In the USA/IOWA , producer prices have fallen back to the current €1.81/kg. Slaughter numbers are back to average and cut prices remain largely stable. Cold store stocks are tight. Market prices of € 2.14/kg are being traded for the summer barbecue season.However, fall/winter prices are back to an average of € 1.75/kg.
Brazil: Producer prices have been reduced to an average of €1.52/kg. Demand from the processing sector leaves much to be desired. There is still little support from the export business. However, sales figures are expected to rise in 2024 while prices remain high.
China: Prices have stabilized again at €2.61/kg. The usual seasonal weakness in demand remains for the time being. Prices for the month of May 2024 are trading at €2.60/kg on the Dalian exchange. The most recently calculated sow herd amounts to 40.6 million tons, which is still far from the political target of 39 million in a range of 92 to 105%.
Conclusion: With a few exceptions, pig prices in most EU countries have remained at the increased price level. Low slaughter numbers, low pre-registrations, small cold store stocks, the start of stockpiling for the barbecue season and stable demand are ensuring firm pig prices. However, the tough meat sales business means that there is hardly any room for upward price movement.
ZMP Live Expert Opinion
Despite the tight supply situation, price increases are hardly feasible due to the restrained demand for meat
Expectations are focused on the barbecue season
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