Germany:V-price2.10 €/kg (range 2.10 - 2.10 €/kg)
The weekly slaughter numbers have increased again with around 719,622 pigs (previous week 701,299), the slaughter weights remain unchanged at 97.2 kg .
The pre-registrations for the current week amount to 253,300 (previous week 255,730)
The ISN auction on Tue, 16.07. June 2024 achieved an average price of 2.17 €/kg with a range of 2.16 - 2.17 €/kg.
The V-price for the period from 18.07.2024 to 24.07.2024 has been set at 2.10 €/kg in a range of 2.10 - 2.10 €/kg.
German slaughter pig market
ASF: As of July 12, 2024, 5,796 ASF-infected wild boars have been detected in Brandenburg, Saxony and Mecklenburg. In the meantime, 11 ASF-infected wild boars have been found around Groß-Gerau (northwest of Darmstadt in Hesse). The new cases cross the state border into Rhineland-Palatinate. For the first time, a farm with 7 domestic pigs was culled due to suspected ASF.
Market and price developments in selected competitor countries:
In Denmark , prices calculated on a comparable basis remained unchanged at € 1.74/kg in CW 29, 2024.
In Belgium, the comparably calculated prices of €2.01/kg remained unchanged in CW 29, 2024.
In the Netherlands , prices in week 29 of 2024 remained unchanged at comparable prices of €2.03/kg.
In France/Brittany , prices have been slightly increased to €2.13/kg . Slaughter numbers continue to fall to 327,193; slaughter weights are at 95.69 kg.
In Italy, prices rose by +2 ct/kg in week 29, 2024. Meat sales are boosted by rising numbers of holidaymakers.
In Spain, the unchanged price of €2.41/kg in CW 29, 2024 reflects the short supply of live animals. Live supply remains low. The start of the vacation season is boosting domestic sales, while the high price level is slowing down exports.
In the USA/IOWA , producer prices have fallen back to €1.70/kg. Slaughter figures have risen again. Stocks in cold stores are sufficient. Cut prices have remained largely stable. Market prices for the summer barbecue season are quoted at current levels. However, the forward prices for Dec. 24 only average €1.60/kg.
Brazil: Producer prices have risen to an average of €1.69/kg. A smaller live supply, rising domestic demand and brisk export business contributed to this. Flood-related restrictions are increasingly receding into the background.
China: Prices have stabilized at € 3.08/kg. The reduced supply continues to meet with seasonally stable demand. The month of Nov-2024 is being traded on the Dalian exchange at prices of around €3.01/kg. Prices are expected to fall to just under €3/kg in Jan-2025.
Conclusion: Despite limited demand during the holiday/vacation period, prices remain stable at a reduced level. Live supply is not higher due to the summer temperatures.
ZMP Live Expert Opinion
Despite the holiday/vacation period with limited demand, pig prices in Germany and neighboring EU countries remain stable.
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