Germany:V-price2.00 €/kg (range 2.00 - 2.05 €/kg)
The weekly slaughter figures were significantly higher at 751,607 pigs (previous week 663,278) and slaughter weights increased further to 98.3 kg .
Pre-registrations for the current week amount to 272,500 (previous week 264,500).
The ISN auction on Tue, 15.10.2024 brought 2.04 €/kg in a range of 2.04-2.045 €/kg.
The V-price for the period from 17.10.2024 to 23.10.2024 has been set at 2.00 €/kg in a range of 2.00 - 2.05 €/kg.
Slaughter pig market in Germany
ASF: 260 ASF-infected wild boars (+19 compared to the previous week) have now been found in Hesse and Rhineland-Palatinate. There is 1 suspected case in Baden-Württemberg.
Market and price developments in selected competitor countries:
In Denmark , the comparably calculated prices of € 1.63/kg will remain unchanged in week 42 of 2024.
In Belgium, the comparably calculated prices of € 1.93/kg also remain unchanged in week 42 of 2024.
In the Netherlands , prices in week 42 of 2024 will remain unchanged at comparable prices of €1.92/kg.
In France/Brittany , the comparable prices of €1.92/kg will be reduced by a further -3 ct/kg. Slaughter numbers have risen again to 359,520, as have slaughter weights at 96.95 kg. Demand remains very restrained.
In Italy, prices rose by a further +3 ct/kg in week 42 of 2024. This means that Italian pig prices have risen by a total of 51 ct/kg in 13 weeks. Italy is only less than 70% self-sufficient. ASF is causing further herd reductions.
In Spain, the price will fall by a further -3 ct/kg to €2.14/kg in week 42 of 2024. With a self-sufficiency rate of around 200%, exports have a strong influence on prices. However, the high prices are only competitive to a limited extent.
In the USA/IOWA , producer prices have stabilized again at € 1.51/kg after a brief period of price weakness. Slaughter figures have fallen back somewhat. Prices for processed goods have risen slightly. The forward prices for Dec. 24 average 1.58 €/kg.
Brazil: Producer prices have largely held steady at €1.89/kg. The live supply just covers domestic demand and export requirements.
China: Prices have fallen further to €3.16/kg. Supply is just sufficient for the depressed demand. The month of Nov-2024 is being traded on the Dalian exchange at prices of around €2.86/kg. For the spring months of 2025, however, prices are only quoted at around €2.47/kg.
Conclusion: Supply and demand are largely balanced in this country. There are only isolated deviations. No fundamental changes are expected in the foreseeable future.
In the neighboring EU member states, different market and price developments can be observed: ranging from continuously falling prices in Spain and France to stable prices in the Netherlands, Belgium and Denmark to massively rising prices in the undersupplied
ZMP Live Expert Opinion
The domestic market has so far coped quite well with the holiday-related fluctuations in supply. In the current week, the pent-up demand with higher slaughter numbers and slaughter weights still needs to be worked off. Exports to Italy are providing support.
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