Germany:V-price1.92 €/kg (range 1.92 - 1.92 €/kg)
The weekly slaughter figures have risen to 765,060 pigs (previous week 753,316), while slaughter weights have fallen slightly to 98.6 kg .
Pre-registrations for the current week amount to 278,400 (previous week 279,300).
The ISN auction on Tue, 03.12.2024 has been canceled.
The V-price for the period from 05.12.2024 to 11.12.2024 has been set at 1.92 €/kg in a range of 1.92 - 1.92 €/kg.
Slaughter pig market in Germany
ASF: In Hesse and Rhineland-Palatinate, a total of 552 ASF-infected wild boars (+40 compared to the previous week) have been found so far. The number of cases remains stable in Rhineland-Palatinate and Baden-Württemberg.
Market and price developments in selected competitor countries:
In Denmark , the comparably calculated prices of €1.60/kg will once again remain unchanged in CW 49, 2024.
In Belgium, the comparably calculated prices of € 1.91/kg will also remain unchanged in CW 49, 2024.
In the Netherlands , prices will also remain unchanged in week 49 of 2024 with comparable prices of €1.85/kg.
In France/Brittany , the comparable prices will remain unchanged at € 1.87/kg . At 366,732, slaughter numbers have risen back to average levels after the previous public holiday week; slaughter weights are at 98.2 kg.
In Italy, prices fell by a further -4 ct/kg to €1.93/kg in week 49, 2024. Rising domestic supply and low-priced imports are putting pressure on the price trend.
In Spain, the price was once again maintained at € 2.06/kg in week 49, 2024. Domestic live supply is barely sufficient. The export business is only average.
In the USA/IOWA , producer prices have fallen slightly to € 1.77/kg. Slaughter figures remain at the same level. Forward prices for the new front month Feb-25 average €1.70/kg.
Brazil: Producer prices have fallen back to €2.07/kg. The main reason for this is the weaker currency. The export business is the main pillar for the high price level achieved. A new trade agreement with China offers favorable prospects for the future.
China: Prices have fallen further to €2.96/kg. Supply is sufficient to meet demand. The month of Jan-2025 is traded on the Dalian exchange at prices of around €2.60/kg. After the Chinese New Year on January 29, 2025, prices fall further to €2.40/kg. Beef consumption (7.7 kg/head) increases, while pork and poultry stagnate.
Conclusion: A largely stable live supply and a pre-Christmas demand mood are in balance. Meat sales of prime cuts and processed goods are currently running largely smoothly.
The gap between Christmas and New Year is particularly small this year with 4 slaughter days. In addition, there is a holiday-related shortage of workers, especially in processing plants; a lot of goods are going into the freezer. Timely management of the live supply to avoid sales congestion and price pressure in the first week of Jan. 25 should be planned thoroughly.
ZMP Live Expert Opinion
The usual seasonal slight increase in live supply is met by friendly demand in the run-up to Christmas. This leads to prices remaining stable. There are no signs of potential price increases. The price trend over the coming New Year holidays is a cause for concern due to the lack of slaughter days.