Germany: V price 2.00 €/kg (range 2.00 – 2.00 €/kg) - the weekly slaughter figures are higher with 728,225 pigs ( previous week 650,106 ) (not fully comparable); the slaughter weights have increased slightly to 97.5 kg . With 247,800 pigs (previous week 238,000 ), the pre- registrations indicate that there will continue to be a limited live supply compared to previous years.Price quotation for cuts has been discontinued. At the ISN auction on Tue, Jan 17. In 2023 , an average price of 2.06 €/ in a range of 2.05 to 2.65 €/kg was achieved. The supernatant was 74% . The V price for the period from 01/19/2023 to 01/25/2023 remained at €2.00/kg; the range is from 2.00 to 2.00 €/kg. ASF : As of January 16, 2023, 4,810 ASF infected wild boars in Brandenburg, Saxony and Mecklenburg have been officially confirmed. Market and price development in selected competitor countries: In Denmark , the prices in the 03rd week of 2023 were reduced by a further 4 ct/kg at a comparable calculated €1.76/kg. In Belgium , the prices in the 03rd week of 2023 remained unchanged at €1.89/kg.In the Netherlands , the prices in the 3rd week of 2023 were reduced by -4 ct/kg with a comparable calculation of €1.78/kg. In France/Brittany , prices rose by a further 3 ct/kg to €1.907/ kg . The slaughter figures are reduced to 373,701 pigs. Slaughter weights are lower at just under 96 kg. In Italy , the listings in the 3rd week of 2023 fell by a further 3 ct/kg . Post-holiday sales continue to be sluggish. In Spain , the prices in the 3rd week of 2023 rose again for the first time by 2 ct/kg at a comparable €2.18/ kg. The domestic supply of live animals only just covers demand. In the USA/IOWA , prices have fallen further to the equivalent of € 1.46 /kg . The battle numbers have risen again. The prices for cuts have mostly fallen sharply. For the new front month Feb.-2023 the futures prices on the stock exchange will be €1.60/kg; for the summer months prices above 2 €/kg are traded. Brazil: Producer prices have fallen to €1.56/kg on average with weaker REAL. Sales at home and abroad have declined considerably. China: Prices have fallen further to the equivalent of € 3.16/kg . The exchange rate has stabilized somewhat. The usual boost in demand before the Chinese New Year at the end of January 2023 has had almost no effect. The forward rates for the month March-2023 are only quoted at €2.95/kg. Prices above €3.13/kg will not be traded again until May 2023. Conclusion: The usual slump in sales in the meat business after the holidays has not yet been completely overcome. However, after the holidays, the livestock trade is largely balanced with a tight supply.
ZMP Live Expert Opinion
The weakness in demand and prices that was common in previous years has not been very pronounced this year. The reason is the extraordinarily low supply of live animals, which does not allow any significant overhangs to arise. Piglets and fattening pigs will only be available to a limited extent in the coming weeks and months. This is supporting producer prices, although the scope for upward movement is also very limited.
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