Unmodified pig prices for 46/47 KW (Thu, 13-MI, 19.Nov.)
The ISN Internet Exchange on Tue, Nov. 11, 2014 has led to an average price of € 1.45 / kg (unchanged compared to the Friday auction) at a range of 1.44 to €1.46 / kg. Of the 3,050 offered pigs, 9% were not sold.
General market and price developments:
The battle figures in Germany NL, B/L and DK remain at a high level. The range numbers in the lower average move in Italy, Austria and France. The Spanish pig prices have fallen since September 2014 to €0.50 / kg. Reinforced Spanish third-country exports will relieve the market. Industrial processing runs mid-November full on before Christmas course. The fresh meat trade remains closely aligned with the sales limits of the domestic and foreign business. A requirement as a whole is only a few regional overhead.
Current market situation in major production areas: Denmark: Danish pig prices were in the 46 KW left unchanged. The battle figures increased again somewhat, remain with - 2.2% behind the previous year's return. For the upcoming 47 KW (17-21.Nov.) the base price will be... Addendum follows in France/Brittany were unchanged on average offer amounts paid to the small Monday market (10.11). At the Thursday market 13 Oct. 14) were ... ct/kg paid. The reported battle figures in all over France are again in the upper midfield.
The Dutch battle company have in the 46th KW between unchanged to + 2 ct / kg paid. The battle figures are the average of the last few weeks. The prices for the 47th KW should... (Addendum to follow)
Belgium: Pork prices in the 46th KW have been taking something off offer amounts paid unchanged. The battle figures in the good average level. The quotes of battle company of the of 47 KW.... CT/kg . (Addendum to follow)
Germany: The reported slaughter numbers of the previous week with 1 053.066 (last week 1.023.936 before last week 1.057.657) significantly increased piece. For the period from Thursday 13th to Wednesday 19.Nov. (46/47 KW) the Association price €1.40 per kg or index point was unchanged. The range from 1.40 to €1.43 / kg. The announced delivery quantities of next week to move with 230.200 (235,000 last week) piece in the midfield.
Was in Austria applicable porkers base price for the 45th/46th KW raised to + 2 ct. The listing for the upcoming 46th/47th KW has remained unchanged .
The pig prices in Spain (13 Nov 2014) should remain unchanged.
In (upper)Italy pork prices in the 46 KW were quoted unchanged in Modena, on Monday (10.11) on Tuesday (11.11) in Reggio Emilia, also unchanged . The reported slaughter numbers move continue on below-average 43.186 piece, yet slightly higher than the previous week.
Views: The pressure seems regional in South Germany, Austria and Italy be less great. In the other areas remain the deliveries at a high level. The reservations are at average values. Processing goods for the holiday shopping season before continues to a lively business activities, without however for a price boost to be sufficient. With further price cuts for the time being doesn't count, price increases are not justified for the time being.
US the Lean hogs Futures Quotes have risen in the face of a cold wave again just below €1.60 per kg, but the changing of the euro leads to distortions. The fallen weekly PEDv cases have risen slightly, without however threatening. But the cold season remains a not inconsiderable infectious and spreading risk. For 2015 , the USDA corrected the pork production by + 5% to 4.3%. The scarce and even falling beef offer provides for stable US pork prices at a higher level.
Chinese pork prices record with €2.45 per kg back in the average range. For the new year 2015 predicts the USDA Chinese pork imports increased to 1.36 million tonnes or +17 %. It should be something for the EU.
Russian pig prices have fallen back below the level of €3 / kg. It goes on that weak winter period to Brazilian pork prices remain seasonal because Russia demand at/2 €/ kg, with shifts due to currency influences. Falling feed costs, the Brazilians expect a big business in the pig sector, export is expected to increase by 20% by 2015 to 700,000 tonnes.
ZMP Live Expert Opinion
The low level of prices established in the 7th week. At the usual high battle figures in the fourth quarter is a price recovery without not expecting the Russia business. The deliveries towards Asia bring some relief without achieving a sufficient volume to compensate for the locked Russia exports but also nurannähernd. Also the pre Christmas ranges just for price stabilization. The Outlook for the Christmas nachfeier days and then are little enjoyable. The EU Commission estimates slightly increased offer for the first quarter 2015 average prices from €1.38 / kg for class E. The Jan. 15 courses are likely to experience below.
You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!
