Germany:V-price1.82 €/kg (range 1.80 - 1.85 €/kg)
The weekly slaughter figures were lower at 443,527 pigs (previous week 677,896) due to the lack of slaughter days, while slaughter weights increased to 99.8 kg .
The pre-registrations for the current week amount to 366,300.
The ISN auction on Tue, 07.01.2025 has been canceled.
The V-price for the period from 09.01.2025 to 15.01.2025 has been set at 1.82 €/kg in a range of 1.80 - 1.85 €/kg.
Slaughter pig market in Germany
ASF: A total of 750 ASF-infected wild boars (+102 as at 20.12.2024) have been found in Hesse and Rhineland-Palatinate to date. The situation has calmed down in Rhineland-Palatinate.
Market and price developments in selected competitor countries:
In Denmark , the comparably calculated prices of €1.50/kg will remain unchanged in CW 02, 2025.
In Belgium, the comparably calculated prices of €1.82/kg will remain unchanged in CW 02, 2025.
In the Netherlands , prices will be set back by -4 ct/kg in the 2nd week of 2025 with comparable prices of €1.77/kg.
In France/Brittany , the comparable prices will remain unchanged at €1.87/kg . Slaughter numbers have fallen back to average levels at 361,000; slaughter weights are at 98.2 kg.
In Italy, prices were reduced by -4 ct/kg to €1.73/kg in week 02, 2025. Increasing domestic supply and large import volumes are putting pressure on the price trend with subdued demand.
In Spain, the price was once again maintained at € 2.06/kg in week 2, 2025. Domestic live supply remains just sufficient for the time being. The export business is average.
In the USA/IOWA , producer prices rose to € 1.71/kg at the beginning of the year. Slaughter figures are currently at a moderate level. Cold store stocks have fallen slightly. Cut prices are holding their own on average. Forward prices for the new front month Feb-25 remain at an average of €1.67/kg.
Brazil: Producer prices have fallen back to 1.64 €/kg (-2 ct/kg). The main reason for this is the decline in domestic demand, reinforced by the weaker currency. The weeks-long high price phase is a thing of the past for the time being. Production is expected to increase by +2 % and exports by +7.4 % in 2025. Supply contracts have been concluded with Mexico.
China: Prices have fallen further to €2.88/kg. Supply volumes are meeting with falling demand. The month of Jan-2025 is traded on the Dalian exchange at prices of around €2.48/kg. After the Chinese New Year on January 29, 2025, prices are expected to fall further to €2.30/kg. Although the sow herd has decreased by -3.2%, it is still above the target value.
Conclusion: Increasing live supply and weak sales after Christmas are putting pressure on prices. In the processing plants, the goods accumulated over the holidays have to be processed in the freezers. Experience shows that the market situation will remain under pressure in the coming weeks.
ZMP Live Expert Opinion
The usual difficult sales period at the beginning of the year has left its mark with a price discount of 10 ct/kg. Slightly above-average pre-registrations suggest further price pressure for the time being.