Germany:V-price2.00 €/kg (range 2.00 - 2.05 €/kg)
At 735,220 pigs (previous week: 736,251), the weekly slaughter figures are slightly lower, while slaughter weights have risen slightly to 97.5 kg.
Pre-registrations for the current week amount to 263,100 (previous week 263,000)
The ISN auction on Tue, 17.09.2024 brought 2.07 €/kg (2.06- 2.07 €/kg)
The V-price for the period from 19.09.2024 to 25.09.2024 has been set at 2.00 €/kg in a range of 2.00 - 2.05 €/kg.
Slaughter pig market in Germany
ASF: In the meantime, 183 ASF-infected wild boars have been found in Hesse and Rhineland-Palatinate. In Poland, over 10,000 animals were culled in an ASF pig farm last week.
Market and price developments in selected competitor countries:
In Denmark , the comparably calculated prices of €1.58/kg will once again remain unchanged in week 38, 2024.
In Belgium, the comparably calculated prices of € 1.93/kg also remain unchanged in the 38th week of 2024.
In the Netherlands , prices will remain unchanged in the 38th week of 2024 with comparable prices of €1.91/kg.
In France/Brittany , comparable prices are set back by a further -1 ct/kg at €2.04/kg . Slaughter numbers have fallen slightly again to 351,000, while slaughter weights have risen to 96.4 kg. Meat sales remain difficult.
In Italy, prices rose by a further +4 ct/kg in week 38, 2024. This means that Italian pig prices have risen by a total of 35 ct/kg in the last 10 weeks. The late vacation season is still ensuring sufficient demand. However, the decisive factor is the short domestic supply due to the high ASF losses in northern Italy between Genoa and Milan.
In Spain, the price of € 2.26/kg in week 38 of 2024 will be reduced by a further -3 ct/kg. Slaughter numbers and weights increase, but demand decreases as the vacation season draws to a close. Due to the high prices, export sales are also becoming increasingly difficult.
In the USA/IOWA , producer prices were reduced again by -3 ct/kg to €1.53/kg. Slaughter figures remain at a high level. Cold store stocks are increasing slightly. However, prices for cuts are still rising for the most part. The forward prices for Dec. 24 average € 1.57/kg.
Brazil: Producer prices have firmed further at the equivalent of €1.86/kg. Live supply is tight. Domestic demand remains stable, the export business is now being slowed down by the high prices.
China: Prices have recovered to €3.43/kg. Supply remains low. However, the high price level is causing a reluctance to buy. The month of Nov-2024 is being traded on the Dalian exchange at prices of around €2.99/kg. For the spring months of 2025, however, prices are only quoted at around €2.47/kg.
Conclusion: In the EU and FRG market, supply and demand are moving closer together. Price pressure is less pronounced. With the exception of Italy, high-price regions such as Spain and France are having to accept price cuts. In Germany, the price leeway remains small for the time being.
ZMP Live Expert Opinion
Supply and demand are close together. However, the room for maneuver is comparatively small. Prices will remain stable for the time being.
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