Germany: V price 1.95 €/kg (range 1.95 - 1.97 €/kg) - small live supply The weekly slaughter figures are higher with around 787,898 pigs ( previous week 792,649) ; the slaughter weights have decreased somewhat to 97.6 kg . Advance registrations remain repeatedly low at 258,700 hogs (previous week 264,600 ). When reselling the cuts to food retailers, processors and for export, the average prices have increased slightly by a further 1 ct/kg to €2.24/kg . At the ISN auction on Tuesday, Nov. 22, 2022 , an average price of €1.99/kg was achieved in a range from €1.98 to €2.00/kg.The V price is unchanged for the period from November 24, 2022 to November 30, 2022 at €1.95/kg; the range goes from 1.95 to 1.97 €/kg. ASF : As of November 22, 2022, 4,555 ASF infected wild boars in Brandenburg, Saxony and Mecklenburg have been officially confirmed. The animal disease districts had to be adjusted again due to new finds. The development does not yet show any significant declines. Market and price development in selected competitor countries: In Denmark , the prices in the 47th week of 2022 have again remained unchanged at a comparable calculated €1.85/kg. In Belgium , the prices in the 47th week of 2022 will be maintained at the reduced level of the two previous weeks. Despite the Christmas business, meat sales will remain difficult for the time being. In the Netherlands , prices will be in the 47thKW increased by 2 ct/kg to a comparable €1.78/kg. In France/Brittany , prices have fallen to around €1.81/kg. The slaughter figures have increased significantly to 379,841 pigs. Slaughter weights are higher at 96.7 kg. In Italy , the listings in the 47th week of 2022 at €2.05/kg were withdrawn for the first time by 2 ct. The meat market is under price pressure, which is now affecting the live market as well. In Spain , prices in week 47 of 2022 fell by 5 ct/kg to a comparable €2.11/ kg. The domestic live supply is increasing, but the high Spanish price level makes it difficult to sell meat compared to the offers of the EU competition at home and abroad. In the USA/IOWA , prices have risen again to the equivalent of € 1.85 /kg . The pre-Christmas business improves the sales situation. Battle numbers have continued to increase. Part prices remain at a reduced level.For the front month Dec.-2022, the forward rates are quoted at €1.79/kg . Brazil: Producer prices have risen to €1.67/kg on average with REAL getting stronger again. However, there was no movement in domestic currency. Increasing sales due to the soccer World Cup, the upcoming public holidays and the Christmas bonus are stabilizing elements. Stable exports provide complementary support. China: Prices have fallen back significantly to the equivalent of € 4.80/kg . The exchange rate has weakened again. The forward rates for the month of Jan.-2023 are only traded at €3.81/kg. In the spring months of 2023, prices are expected to fall further to €3.66/kg with increasing supply and the usual seasonal decrease in demand. Conclusion: The low number of pre-registrations indicates that there will be a shortage of live stock in the run-up to Christmas.The prices for parts when passed on to the food retailer continue to trend upwards. This leads to more stable producer prices. Nevertheless, meat sales remain the critical problem.
ZMP Live Expert Opinion
A foreseeably scarcer supply of livestock meets a more lively demand in the context of the pre-Christmas business. There is a manageably larger price range upwards. But the time frame is limited.
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