(AMI) - pig prices across Europe are under pressure. The markets feature a large volume of weaned animals, high slaughter weights and a subdued demand from the abattoirs.
In Belgium , the supply of slaughter pigs is greater than the demand. Also the slaughter weights are at a high level. The recent reduction of the cost prices for slaughter pigs will continue probably in the new week in the same steps.
Also in France , the pig prices tend weaker. The base price - excluding surcharges of around 15 CT / kg SG - is 1.18 EUR / kg SG in the current week. Some battle companies vary and pay reduced House prices to 1 CT. The discussions on a new agreement on the quotation are soon ready to be signed. A final meeting of the Working Group to resume of listing is fixed on the 19th November.
From the perspective of pig farmers, butchers and dasha, there is no good news from Spain . Pork prices are also continued under pressure it is often only the bare slaughtered, because high levels of frost and discounts in the third country of export are common. Italy also can not escape the falling pork prices. Also, the negative press the consumption of meat from the WHO has triggered a mild panic among consumers in Italy.