Germany:V-price1.92 €/kg (range 1.92 - 1.92 €/kg)
The weekly slaughter figures have risen slightly to 753,316 pigs (previous week 750,570), while slaughter weights have remained constant at 98.8 kg .
Pre-registrations for the current week amount to 279,300 (previous week 282,900).
The ISN auction on Tue, 26.11.2024 has been canceled.
The V-price for the period from 28.11.2024 to 04.12.2024 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 512 ASF-infected wild boars (+51 compared to the previous week) have been 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 of €1.60/kg will once again remain unchanged in CW 48, 2024.
In Belgium, the comparably calculated prices of € 1.91/kg will also remain unchanged in week 48 of 2024.
In the Netherlands , prices will also remain unchanged in week 48 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 98.18 kg.
In Italy, quotations in week 48 of 2024 were reduced by a further -4 ct/kg. Rising live supply and low-priced imports are putting pressure on the price trend.
In Spain, the price was maintained at € 2.06/kg in week 48, 2024. Domestic live supply is just sufficient. The export business is average.
In the USA/IOWA , producer prices have risen again to € 1.78/kg. Slaughter figures remain at the level reached. Forward prices for Dec. 24 are averaging €1.72/kg.
Brazil: Producer prices have risen further to €2.15/kg. The decisive factor remains the significant increase in exports. A new trade agreement with China ensures rising exports to that country in the coming period.
China: Prices have fallen further to €3.02/kg. Supply is sufficient to meet demand. The month of Jan-2025 is traded on the Dalian exchange at prices of around €2.87/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. In addition, there is a holiday-related shortage of labor, especially in processing. 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 pre-Christmas business is getting busier. Nevertheless, the demand for meat can be adequately met. Even prime cuts are available in sufficient quantities. Processed goods are also sold without any problems.
An anxious look is directed towards the holidays at the end of the year with unusually few slaughter days.
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