Germany:V-price2.00 €/kg (range 2.00 - 2.05 €/kg)
Due to the public holiday, the weekly slaughter figures were significantly lower at 66,3278 pigs (previous week 763,346), but slaughter weights increased to 98 kg .
Pre-registrations for the current week are (previous week 264,500).
The ISN auction on Tue, 08.10.2024 brought 2.05 €/kg in a range of 2.04-2.07 €/kg.
The V-price for the period from 10.10.2024 to 16.10.2024 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, 241 ASF-infected wild boars (+21 compared to the previous week) have been found in Hesse and Rhineland-Palatinate.
Market and price developments in selected competitor countries:
In Denmark , comparably calculated prices will remain unchanged at €1.63/kg in CW 41, 2024.
In Belgium, the comparably calculated prices of €1.93/kg will also remain unchanged in week 41 of 2024.
In the Netherlands , prices in the 41st week of 2024 will remain unchanged at €1.92/kg calculated on a comparable basis.
In France/Brittany , the comparable prices will be reduced by a further -1.5 ct/kg to €1.945/kg . Slaughter numbers fell slightly to 353,673, as did slaughter weights at 96.6 kg. Meat sales remain difficult.
In Italy, prices rose by a further +4 ct/kg in week 41 of 2024. This means that Italian pig prices have risen by a total of 48 ct/kg in 12 weeks. Despite an SVG of 70%, pig farming continues to be restricted according to the latest livestock census. ASF is causing strong restraint in the affected production areas.
In Spain, the price will be reduced by a further -3 ct/kg to €2.17/kg in week 41 of 2024. The live supply must increasingly be sold for export as the vacation phase draws to a close. However, the high prices are only competitive to a limited extent.
In the USA/IOWA , producer prices were reduced by -1 ct/kg to 1.54 €/kg. Slaughter figures remain at a high level. Cold store stocks are unchanged. Prices for barbecue products are falling, while a slight increase can be seen for processed products. Forward prices for Dec-24 are averaging €1.57/kg.
Brazil: Producer prices have firmed further to €1.90/kg. The live supply just covers the domestic demand and the demand for export.
China: Prices have fallen further to €3.21/kg. Domestic and export supply remains limited, but depressed incomes and high consumer prices are curbing demand. The month of Nov-2024 is being traded on the Dalian exchange at around €2.95/kg. For the spring months of 2025, however, prices are only quoted at around €2.47/kg.
Conclusion: The market and price trends in the individual EU member states now differ. According to the latest livestock census, pig numbers have fallen by -3.7 % in Spain, the Netherlands and Italy, by -3.2 % in Poland and by -2.8 % in France. In contrast, increases were recorded in Denmark (+2.3 %) and Germany (+1.1 %). Accordingly, there is varying movement in the price trend.
ZMP Live Expert Opinion
Supply and demand are balanced on average. There are only isolated deviations, mainly in southern Germany. No fundamental changes are expected in the foreseeable future.
Different market and price trends are being observed in neighboring EU member states, ranging from further falling prices in Spain and France to stable prices in the Netherlands and Denmark and significantly rising prices in undersupplied Italy.
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