Slaughter pig market stabilizes after price slide
Germany: V-price 1.60 €/kg (range 1.60 - 1.60 €/kg)
The weekly slaughter figures are still pending(previous week: 756,163) The slaughter weights are also still pending. In the previous week, they were 98.7 kg.
The pre-registrations for the current week amount to 274,800 (previous week: 275,800)
The ISN auction on Tue, 25.11.2025 achieved a price of 1.60 €/kg in a range of 1.60 - 160 €/kg.
The V-price is for the period from 26.11.2025 to 03.12.2025has been set at € 1.60/kg in a range of € 1.60 - € 1.60/kg .
Market and price development in selected competitor countries:
In Denmark , comparably calculated prices are unchanged at €1.53/kg in week 48, 2025.
In Belgium, prices fell by 7 ct in week 48 of 2025 and now stand at €1.40/kg.
In the Netherlands , prices fell by 6 ct in week 48, 2025and now stand at €1. 46/kg.
In France/Brittany , comparable prices fell by 1 ct in week 48 and now stand at €1.68/kg.
In Italy prices fell by 11 ct in the 48th week of 2025 and now stand at 2.30 €/kg remained.
In Spain the comparable price in the 48th week of 2025 fell by 5 ct and stands at 1.74 €/kg is now lower.
USA: at a dollar exchange rate of 1.16 $ = 1.00 € , producer prices are currently around 1.39 €/kg and have therefore fallen again compared to the previous week. The US pig market is currently tense: An abundant supply of heavy pigs for slaughter is meeting with demand that is only moderately receptive. While exports to Mexico remain stable, trade barriers, particularly high tariffs to China, are hampering international sales opportunities. The mood among producers is subdued, as the usual holiday business has so far fallen short of expectations. Market participants are hoping for a seasonal recovery in spring, but weaker consumer sentiment and rising feed costs are dampening the outlook. Overall, the market is characterized by uncertainty and the search for a new balance.
Brazil: Current producer prices are the equivalent of €1.81/kg and have remained stable compared to the previous week after adjusting for exchange rate effects. The Brazilian pig market has recently been stable with a slightly positive trend, supported by good domestic demand and strong exports. The Philippines, Mexico and Japan in particular emerged as new main customers, while China lost importance. At the same time, Tanzania opened up its market for Brazilian pork, which is another success in the country's export offensive. Despite global uncertainties, the sector remains robust, with political support and favorable production conditions behind it.
China: prices in China have fallen again in the last week and are at the equivalent of €1.87/kg on the spot market. The Chinese pig market is currently under strong pressure as a large oversupply meets weak demand. Despite government interventions such as the build-up of national reserves and the call to reduce the number of breeding sows, the market situation remains tense. Industry experts are observing increasing consolidation, as many farms are scaling back their production. Demand is stagnating, which indicates a saturated consumption situation and subdued purchasing power. Overall, there are signs of a phase of market consolidation in which supply and demand should come closer together again.
Conclusion
The slaughter pig market has stabilized at the new level following the significant decline in the previous week. The supply of animals ready for slaughter remains high, but is being met by steady demand. In the piglet market, there is still clear price pressure on free lots, although the first signs of a bottoming out are emerging. The price fell to €40 this week (25 kg / group of 200). Marketing varies from region to region, but is largely continuous. Demand for pork is too quiet for the time of year, which is why impetus is expected from the Christmas business.
ZMP Live Expert Opinion
The market has recovered from the drastic fall in prices and is showing signs of stabilization. However, the structural problems on the European meat market, in particular the backlog due to a lack of Asian exports, remain. The industry's demand for political measures to promote exports underlines its dependence on third-country sales. Without additional demand stimuli, surpluses could increase. Regionally declining livestock numbers could provide relief in the medium term, but the environment remains tense in the short term. However, the fall in quotations in other EU countries remains a cause for concern.