Germany: V- price 2.10 €/ kg (range 2.10 – 2.10 €/kg)The weekly slaughter numbers were lower due to the holiday at 669,656 pigs ( previous week 774,604 ), the slaughter weights increased to 98.1kg . Pre-registrations have fallen slightly to 270,800 pigs (previous week 271,200) . The ISN auction on Tue 07.11 2023 brought a price of €2.11/kg with an overhang of 78%. The V price has been set at €2.10/kg in a range of €2.10 - €2.10/kg for the period from November 9th, 2023 to November 15th, 2023. ASF : As of November 3rd, 2023, 5,576 ASF-infected wild boars have been officially confirmed in Brandenburg, Saxony and Mecklenburg. In September 2023, only 15 ASF cases were reported. Market and price development in selected competitor countries: In Denmark , the comparable calculated prices remained unchanged at €1.89/kg in the 45th week of 2023. In Belgium, the prices in the 45th week of 2023 remained unchanged at €2.07 /kg has been maintained unchanged.In the Netherlands , prices will also remain unchanged in the 45th week of 2023 with comparable prices of €2.05/kg . In France/Brittany, prices fell by a further -4 cents/kg to €1.79/ kg . Due to public holidays and storm damage, the battle figures only reach 274,089; In Italy, the prices were set slightly higher in the 45th week of 2023. Supply remains tight, not least caused by the 15,000 ASP failures. In Spain, prices will be reduced by a further -2 ct/kg in the 45th week of 2023 with a comparable €2.25/ kg. The price-related sales difficulties at home and abroad are forcing prices to be adjusted. In the USA/IOWA, producer prices fell again to 1.39 €/kg. The number of battles has continued to rise. The section prices remain unchanged. For the new front month of December 23, the stock market prices are at 1.49 €/kg.The USDA expects production and sales to increase in 2024. Brazil: Average producer prices have risen again to €1.60/kg due to currency fluctuations. Domestic demand has caught up. Exports are under strong competitive pressure from North America. China: Prices have stabilized at €2.73/kg . Imports have decreased. Only for the consumption-intensive month of January 2024 is €2.80/kg expected again. Stable production is expected for 2024 with reduced demand after Chinese New Year. China will allow Russian pork deliveries from ASF-free regions in the future. Conclusion: Expectations are based on the pre-Christmas business getting underway. Given the drop in slaughter numbers, public holidays have little effect on pricing. The number of battles stabilizes at over 740,000 per week. Pre-registrations remain at a limited, increased level. The prices are under a certain tension.
ZMP Live Expert Opinion
Supply and demand in the live cattle business are largely balanced. In the meat business, demand for fresh meat and processed goods is increasing. The pre-Christmas business is casting its first shadows. Prices remain stable for the time being.
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