Germany: V price 2.20 €/ kg (range 2.20 – 2.20 €/kg) The weekly slaughter numbers are higher again at around 752,857 pigs (previous week 736,251), the slaughter weights are the same at 97.6 kg gone up. Pre-registrations remain smaller at 245,200 pigs (previous week 258,100) . Several days of battle are missing. The ISN auction on Tuesday, March 26th 2024 brought an average of 2.26 €/kg in a range of 2.255 - 2.26 €/kg, a repeatedly reduced result. The V-Prize is for the period from March 28th, 2024 to April 3rd. 2024 has been set at 2.20 €/kg in a range of 2.20 - 2.20 €/kg. ASF : As of March 11, 2024, 5,666 ASF-infected wild boars have been detected in Brandenburg, Saxony and Mecklenburg. In February 2024, 30 cases were confirmed, 26 of which were in Dresden. Market and price development in selected competitor countries: In Denmark , the comparable prices remained unchanged at €1.81/kg in the 13th week of 2024. In Belgium, the comparable prices of €2.08/kg were also retained unchanged in the 13th week of 2024. In the Netherlands , the quotations will continue unchanged in the 13th week of 2024 with comparable prices of €2.08/kg . In France/Brittany prices have remained at €2.03/kg . The battle figures remain at 355.296 pigs were still below average with a slaughter weight of 96.43 kg. In Italy, the prices were increased by +4 ct/kg in the 13th week of 2024. A limited supply meets a demand for fresh meat. In Spain the prices will be increased again by +1 ct/kg in the 13th week of 2024 to a comparable €2.35/kg . The live supply is relatively scarce despite limited sales opportunities. In the USA/IOWA, the rise in producer prices continues to the current €1.66/kg (+5 cents/kg). Slaughter numbers have risen again, but demand at home and abroad has increased. The unit prices have risen significantly. The forward prices on the Chicago Stock Exchange for the delivery month April-24 are quoted at €1.75/kg. For the summer barbecue season, stock prices are trading at over €2/kg. Brazil: Producer prices have stabilized on average at €1.57/kg . Demand from the processing industry leaves much to be desired. Support from export business is still low. However, increasing sales figures and high prices are expected for 2024. China: After a brief spike, prices have fallen back to €2.51/kg . The usual seasonal weakness in demand remains for the time being. The month of May 2024 is trading at 2.67 €/kg on the Dalian Stock Exchange. The sow population should be in a range of 92 to 105% around the target size of 39 million animals. In autumn, stock market prices of €2.80/kg are quoted. Conclusion: In most EU countries, pig prices have remained at the increased price level, with a few exceptions. Low slaughter numbers, low advance bookings, small cold storage stocks, ongoing stockpiling for the grilling season and stable demand ensure fixed pig prices. Easter business has been disappointing so far.
ZMP Live Expert Opinion
Despite the disappointing Easter business, pork prices remain stable. Even the lack of slaughter days does not affect the prices. The decisive factor is the scarce live supply, which can also be observed in neighboring countries. However, there remains hope for price room to move upwards if barbecue weather conditions provide demand momentum.
You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!
