Germany: V-price 1.45 €/kg (range 1.45 - 1.50 €/kg)
The weekly slaughter figures are still pending(previous week 725,417) The slaughter weights are also still pending. In the previous week they were 99.3 kg.
The pre-registrations for the current week amount to 286,900 (previous week: 301,400)
The ISN auction on Tue, 10.02.2026 achieved an average price of €1.48 in a range of €1.475 - €1.49/kg.
The V-price is for the period from 12.02.2026 to 18.02.2026has been set at € 1.45/kg in a range of € 1.45 - 1.50/kg .
Market and price development in selected competitor countries:
In Denmark , comparably calculated prices fell by 4 ct in week 7 of 2026 and stood at €1.28/kg.
In Belgium, prices remained unchanged in week 7 of 2026 at € 1.43/kg.
In the Netherlands , prices rose by 1 ct to €1. 37/kg in week 7, 2026.
In France/Brittany , the comparable prices fell by 1 ct in week 7, 2026, to €1.59/kg.
In Italy, prices fell by 3 ct in week 7, 2026 and are at €1.87/kg.
In Spain, the comparable price in week 7, 2026 remained unchanged at €1.34/kg.
USA: with a dollar exchange rate of 1.19 $ = 1.00 € , producer prices are currently around 1.63 €/kg and have therefore risen compared to the previous week. Last week, the US hog market was stable overall, supported by a well-filled supply base and noticeably higher slaughter activity with unchanged slaughter weights. At the same time, the market remained sensitive as rising feed costs put increasing pressure on producers' margins. On the demand side, the recently reported export figures had a supportive effect, particularly due to strong demand from Mexico and important Asian markets. In addition, weather-related problems caused by winter storms and extreme cold increased the risk to logistics and marketing processes in the short term. Overall, the pig market remains slightly stable, but is heavily dependent on whether demand and the pace of exports keep pace with the growing supply.
Brazil: Current producer prices are the equivalent of €1.47/kg and are unchanged compared to the previous week after adjusting for currency effects. The Brazilian pig market remained under pressure last week, as subdued domestic demand met with persistently high slaughter volumes and producer prices in several core regions fell or remained stable at best. At the same time, export data is sending a mixed signal: after a strong start to the year in January with record-high exports, international sales remained at a solid level at the beginning of February, with the market structure increasingly shifting in favor of destinations such as the Philippines and Japan. In addition, there are weather-related risks: a heatwave in the south of the country and sometimes intense rainfall in the Center-West are affecting animal performance, harvest progress and the flow of goods. Overall, the market is fragile in the short term, with stabilizing impulses from exports, but structural pressure on margins due to costs, logistics and seasonally weaker demand.
China: prices in China have fallen slightly in the last week and are at the equivalent of €1.83/kg on the spot market. The Chinese pig market showed a persistently weak trend last week, as abundant supply met with demand that fell short of seasonal expectations. It was particularly noticeable that prices for slaughter pigs were under pressure, while piglets continued to trend firmer. Regionally, the market remained highly fragmented, with clear differences between Northwest, Southwest and East China, indicating logistical, structural and demand-related factors. At the same time, feed costs are stable overall, meaning that the pressure on margins is mainly due to the decline in revenue and the profitability of many farms remains strained. Market observers are predicting a lack of seasonal demand impetus before the Chinese New Year, meaning that the market is expected to move sideways or weaken in the short term.
Conclusion
The slaughter pig market has become much more relaxed over the course of the week. Supply pressure on the live market has eased noticeably and existing surpluses have been completely eliminated in many regions. The marketing of pigs ready for slaughter is proceeding more quickly with steady demand from slaughterhouses. The sow market is also becoming increasingly balanced. Demand on the piglet market continues to pick up, resulting in rising prices. The meat market remains challenging, as is typical for the season, with extensive supply, while stocks at the end of the year were down on the previous year.
ZMP Live Expert Opinion
The current market phase is characterized by a gradual normalization. Falling slaughter weights and decreasing supply pressure are stabilizing the pig market. At the same time, calm demand within Europe and competitive pressure from Spanish goods are limiting the upside potential. Momentum could come from comparatively low stock levels and a seasonal upturn in the spring. Dynamic demand on the piglet market points to further consolidation potential. The decisive factor remains whether meat sales improve and export opportunities can be expanded, particularly to third countries.
You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!
