Price slump before Christmas shakes producers
Germany: V-price 1.60 €/kg (range 1.60 - 1.70 €/kg)
The weekly slaughter figures were 756,163 (previous week: 712,625) Slaughter weights were 98.7 kg, compared to 98.7 kg in the previous week.
The pre-registrations for the current week amount to 275,800 (previous week: 278,600)
The ISN auction on Tue, 18.11.2025 took place without agreement in the trade.
The V-price is for the period from 20.11.2025 to 26.11.2025has been set at €1.60/kg within a range of €1.60 - €1.70/kg .
Market and price development in selected competitor countries:
In Denmark , comparably calculated prices fell by 10 ct in week 47 of 2025 and now stand at €1.53/kg.
In Belgium, prices fell by 1 ct in week 47 of 2025 and now stand at €1.47/kg.
In the Netherlands , prices fell by 6 ct in week 47, 2025and now stand at €1. 52/kg.
In France/Brittany , comparable prices fell by 1 ct in week 47 and now stand at €1.69/kg.
In Italy prices in the 47th week of 2025 are unchanged at 2.41 €/kg remained unchanged.
In Spain the comparable price in the 47th week of 2025 fell by 1 ct and stands at 1.79 €/kg is now lower.
USA: at a dollar exchange rate of 1.15 $ = 1.00 € , producer prices are currently around 1.43 €/kg and have therefore fallen again compared to the previous week The US pig market is tense in November 2025: Slaughter numbers are rising and animals are also heavier than before, which is significantly increasing supply. At the same time, prices have fallen noticeably, which is a cause for concern for many farms. Despite all this, domestic demand remains stable, particularly from Mexico. Favorable feed costs continue to provide relief in production and are keeping many farms above the break-even point. The industry is cautiously optimistic about Christmas business, hoping for stable exports and a turnaround in the new year.
Brazil: Current producer prices are the equivalent of €1.83/kg and have remained stable compared to the previous week after adjusting for exchange rate effects. Despite increased production volumes, supply is being well received by both the domestic and export markets. Demand in the domestic market is picking up seasonally, supported by public holidays, bonus payments and high prices for beef and poultry meat. There are regional differences, with independent producers in particular benefiting from the firm market. Foreign trade remains a key pillar, with record exports and growing sales in markets such as Mexico, Japan and the Philippines. Analysts are cautiously optimistic about the situation and see further potential for stable development until the end of the year.
China: Prices in China have fallen again in the last week and are at the equivalent of €1.89/kg on the spot market. The Chinese pig market is currently under strong pressure: high supply is meeting with subdued demand, leading to losses for producers. As a result of stagnating sales volumes and restrained restocking of piglets, breeders are also becoming increasingly cautious. Despite seasonal stimuli from cooler temperatures and stockpiling, consumption has so far remained below expectations. The government is responding with targeted measures such as stockpiling, subsidies and production control in order to stabilize the market
Conclusion
The slaughter pig market came under significant pressure at the end of the week. After market developments initially varied from region to region, an unexpectedly sharp price drop of ten cents caused considerable unrest. Demand remains below expectations, while the live supply is extensive. Slaughtering companies justify their restraint with the tense situation on the European meat market. Several auctions went without sales. Piglet prices remain stable, but here too the marketing of free lots is sluggish.
ZMP Live Expert Opinion
The significant drop in prices shortly before the Christmas business represents a break with usual market patterns and signals considerable uncertainty in the industry. The European pig market is suffering from export barriers and increasing competitive pressure, which is putting German suppliers under increasing pressure. Despite seasonal growth in demand, there is a lack of impetus to provide relief. After a brief recovery in recent weeks, prices have also continued to fall across Europe.