Germany: V price 1.90 €/kg (range 1.90 – 1.90 €/kg) - the weekly slaughter figures have increased slightly to around 770,000 pigs ( previous week 760,868) ; the slaughter weights have decreased slightly to 97.5 kg . Advance registrations are up marginally at 287,400 hogs (previous week 286,700 ).When reselling the cuts to food retailers, processors and for export, the average prices remained unchanged at €2.22/kg . At the ISN auction on Fri, Oct. 28, 2022 , none of the 630 animals offered were sold. There was no auction on Tue, Nov 01. The V price is unchanged for the period from November 3rd, 2022 to November 10th, 2022 at €1.90/kg; the range is from 1.90 to 1.90 €/kg. ASP : As of 01.Nov. In 2022, 4,413 wild boar infected with ASF were officially confirmed in Brandenburg, Saxony and Mecklenburg. The last pigs are slaughtered in the former ASF observation area Emsbüren. Market and price development in selected competitor countries: In Denmark , prices in the 44th week of 2022 have again remained unchanged at a comparable calculated €1.85/kg.In Belgium , the prices in the 44th week of 2022 will be maintained at the reduced level of the previous week. Meat sales remain difficult. In the Netherlands , the prices in the 44th week are also maintained at the lowered level of the previous week. In France/Brittany , prices fell again by -6 ct/kg to around €1.90/kg. The battle numbers have increased slightly with 373,076 pieces. Slaughter weights stagnate at around 95 kg. It is calculated with further price reductions. In Italy , the listings in the 44th week of 2022 have been reduced only slightly to €2.07/kg . The domestic live supply is not too plentiful, but meat sales are under import pressure. In Spain , prices fell to a comparable €2.19/ kg in the 44th week 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 at home and abroad. In the USA/IOWA , prices have fallen to the equivalent of € 1.98 /kg . Battle numbers remain constant. Part prices are not uniform, pork belly price has decreased significantly. For the front month Dec.-2022, the forward rates are quoted at €1.87/kg . Brazil: Producer prices have stood still on average at 1.81 €/kg with stronger REAL, but have fallen in domestic currency. Demand is constrained by cheap poultry meat. Exports to several Asian importing countries support hog prices. China: The prices are currently at the equivalent of 5.00 €/kg . The exchange rate has become somewhat weaker again. However, the forward rates for the month of Nov.-22 are only traded at €4.36/kg.In the spring months of 2023, prices are expected to fall further to €3.60/kg with increasing supply and the usual seasonal decrease in demand. Conclusion: Despite all the problems with meat sales, the live supply remains low enough to stabilize prices. In order to be able to offer sufficiently valuable fresh meat parts for the domestic market, the asking prices are paid for all sales problems with less sought-after parts of the pig. However, the market situation across Europe remains tense.
ZMP Live Expert Opinion
Despite the low supply of live meat, the weak demand for meat does not allow any upward price leeway. The courses are held with difficulty. The business of constant supply of valuable fresh meat is the mainstay for the stable price development. A stronger increase in the supply of slaughter pigs could call this development into question.
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