Germany: V price 1.90 €/kg (range 1.90 – 1.90 €/kg) - the weekly slaughter figures have fallen slightly to around 760,868 pigs ( previous week 762,427) ; the slaughter weights have increased slightly to 97.7 kg . Advance registrations are up marginally at 286,700 hogs (previous week 286,300 ).When reselling the cuts to food retailers, processors and for export, the average prices fell by a further 8 ct/kg to €2.22/kg . At the ISN auction on Tuesday, Oct. 25, 2022 , once again none of the 630 animals offered were sold. The V price is unchanged at €1.90/kg for the period from October 27, 2022 to November 2, 2022 ; the range is from 1.90 to 1.90 €/kg. In the coming week there will be a public holiday and a bridging day ASP : As of 19 Oct. In 2022, 4,372 wild boar infected with ASF were officially confirmed in Brandenburg, Saxony and Mecklenburg. More pigs from the former ASF observation area Emsbüren are slaughtered. Market and price development in selected competitor countries: In Denmark , the prices in the 43rd week of 2022 remained unchanged at a comparable calculated €1.85/kg.A reduced live supply meets weak meat sales. In Belgium , the prices will be reduced by -8 ct/kg in the 43rd week of 2022. The increased supply of live meat is difficult to accommodate in the meat market. In the Netherlands , the prices in the 43rd week are also reduced by -8 ct/kg. In France/Brittany , prices fell by -6 ct/kg to around €1.96/kg. Battle numbers continued to rise at 372,270. Slaughter weights stagnate at around 95 kg. In Italy , the listings in the 43rd week of 2022 have only increased slightly to €2.07/kg . Domestic live supply remains scarce for demand. Unit prices are under import pressure. In Spain , prices fell to a comparable €2.23/ kg in week 43 of 2022. The domestic supply remains manageable, but the high Spanish price level makes meat sales more difficult compared to the offers of the EU competition.In the USA/IOWA , prices have risen again to the equivalent of € 2.10 /kg . Battle numbers remain constant. Part prices have increased again on average. For the front month Dec.-2022, the forward rates are quoted at €1.96/kg . For April 2023, the stock exchange prices are €2.03/kg. Brazil: Average producer prices have risen to €1.81/kg with REAL unchanged. In the 5 different listing areas, the prices are a little more similar again. Domestic demand is constrained by cheap poultry meat. Declining exports to China/HK are almost offset by increasing deliveries to Thailand and the Philippines. China: Prices have risen to the equivalent of € 5.00/kg . The exchange rate has become somewhat weaker again.Multiple releases of state inventories and state pressure on large corporations to forgo overweight pigs cannot prevent the rising price development. In the spring months of 2023, prices are expected to be lower as supply increases and demand decreases as is typical for the season. Conclusion: Increased living costs and gloomy income prospects for the autumn/winter period are slowing down consumer demand.
ZMP Live Expert Opinion
Despite all the problems with meat sales, the supply of live meat remains so low that the slaughterhouses pay stable prices in order to get the cuts that can be sold domestically - as a rule, are of higher quality. Problems arise for the less sought-after parts of the pork, which are usually sold abroad with price concessions. A holiday-related cancellation of a slaughter day in the coming week no longer has the great importance of previous years in view of the low slaughter numbers.
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