Germany:V-price1.92 €/kg (range 1.92 - 1.92 €/kg)
The weekly slaughter figures have risen slightly to 750,570 pigs (previous week 743,911), while slaughter weights have remained constant at 98.8 kg .
Pre-registrations for the current week amount to 282,900 (previous week 275,200).
The ISN auction on Tue, 19.11.2024 has been canceled.
The V-price for the period from 21.11.2024 to 27.11.2024 has been set at €1.92/kg in a range of €1.92 - €1.92/kg.
Slaughter pig market in Germany
ASF: A total of 461 ASF-infected wild boars (+34 compared to the previous week) were found in Hesse and Rhineland-Palatinate. 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 will remain unchanged at €1.60/kg in week 47 of 2024.
In Belgium, the comparably calculated prices of € 1.91/kg will remain unchanged in week 47 of 2024.
In the Netherlands , prices in week 47 of 2024 will remain unchanged at € 1.85/kg calculated on a comparable basis.
In France/Brittany , the comparable prices remain unchanged at € 1.87/kg . Slaughter numbers were lower at 300,750 due to the public holiday; however, slaughter weights were slightly higher.
In Italy, prices in week 47 of 2024 were reduced by a further -4 ct/kg. High domestic prices are curbing demand and cheap imports are causing prices to fall.
In Spain, the price of € 2.06/kg was maintained once again in week 47, 2024. Live supply remains stable. Sales business at home and abroad is becoming noticeably more difficult due to the high price level.
In the USA/IOWA , producer prices have fallen back to € 1.71/kg. Slaughter figures have risen again. The forward prices for Dec. 24 average €1.64/kg.
Brazil: Producer prices have risen further to €2.13/kg. The main reason for this is the high level of exports, which were around 40% higher in Oct/Nov compared to the previous year. The exchange rate continued to gain purchasing power.
China: Prices have fallen further to €3.08/kg. Supply is sufficient to meet demand. The month of Jan-2025 is traded on the Dalian exchange at prices of around €2.68/kg. The following spring months fall even further to €2.40/kg after the Chinese New Year on 29 Jan-2025. Beef consumption (7.7 kg/head) increases, pork and poultry stagnate.
Conclusion: The usual seasonal increase in live supply in the last quarter of 2024 and brisker demand in the run-up to Christmas will balance each other out. The period between Christmas and New Year is particularly short this year with 4 slaughter days. There is also a shortage of labor due to vacations. Timely management of the live supply to avoid sales congestion and price pressure in the 1st week of Jan. 25 should be planned through.
ZMP Live Expert Opinion
The usual seasonal increase in supply is being steadily absorbed by the somewhat livelier pre-Christmas business. There are currently few arguments for price changes. In the rest of the EU domestic market, prices remain largely stable (with the exception of Italy, where prices have fallen further)
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