Germany: V- price 2.10 €/ kg (range 2.10 – 2.10 €/kg)The weekly slaughter numbers were higher at 774,019 pigs ( previous week 765,404 ), and the slaughter weights fell to 98.0 kg . Pre-registrations have fallen slightly to 265,700 pigs (previous week 269,900) . The ISN auction on Tue 21st11 2023 brought a price of €2.22/kg on average for the animals sold. The V price has been set at €2.10/kg in a range of €2.10 - €2.10/kg for the period from November 23rd, 2023 to November 29th, 2023. ASF : As of November 14, 2023, 5,583 ASF-infected wild boars have been officially confirmed in Brandenburg, Saxony and Mecklenburg. In October 2023 only 8 ASF cases were reported. Market and price development in selected competing countries: In Denmark, the comparable prices rose by 3 ct /kg to €1.92/ kg in the 47th week of 2023. In Belgium, prices were increased by +2 ct/kg in the 47th week of 2023 with comparable prices of €2.09/kg .In the Netherlands , the quotations in the 47th week of 2023 will remain unchanged with comparable prices of €2.05/kg . In France/Brittany prices fell by a further -1 cent/ kg to €1.76/ kg . The slaughter numbers again reach an average of 365,305 pigs with a slaughter weight of 96.45 kg. In Italy, the prices were reset by 1 ct/kg in the 47th week of 2023. Supply remains tight because ASF cases are still being reported, most recently in the province of Emilia Romagna. In Spain, prices will be reduced again by -1 ct/kg in the 47th week of 2023 to a comparable €2.22/ kg. Meat sales remain difficult. In the USA/IOWA, producer prices fell again significantly to 1.24 €/kg. In July 23, the prices were still at €2/kg. The number of battles has remained at a high level. Cold storage inventories are increasing, but remain below the previous year's level.Brazil: Producer prices have continued to rise on average to €1.64/kg . Domestic demand has caught up. Exports have improved again. China: Prices have fallen to €2.60/kg . Financial losses have contributed to underweight hog sales. The usual surge in demand before Chinese New Year leaves something to be desired; the Jan. 2024 rates have fallen to €2.71/kg. According to the latest livestock counts, a decline in production is expected in 2024. China will allow Russian pork deliveries from ASF-free regions from mid-2024. Conclusion: The pre-Christmas business has become noticeable, but is not yet sufficient for a price increase. The number of battles stabilizes at over 750,000 per week. Pre-registrations remain at a limited, increased level.The prices are developing a certain tension upwards, but the breakthrough is still possiblenicht.
ZMP Live Expert Opinion
The pre-Christmas business is leading to brisk demand, but the volume is not yet sufficient to enforce price increases given the somewhat higher live supply. The export business is playing an increasingly smaller role. Price fixing is becoming established in neighboring member states.
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