25.
11.20
13:23

Association price for pigs for slaughter: 1.19 € / kg SG (+/- 0 ct)

The marketing of pigs ready for slaughter is also a challenge this week. The supply is large and the demand is limited. In some regions, however, there are signs of moderate relaxation. Market participants get some hope that the situation will not worsen any further. Pork has been traded cheaper in recent weeks due to price discounts. However, the domestic market has not picked up significantly. The situation is also tense and difficult across Europe. The offer is large, as is the price pressure. The situation is particularly tense in Belgium. In the past three weeks, the price has dropped 17 cents. The last slaughter weights there averaged 101.8kg. Spain is currently slaughtering at a record level, but even there the supply is greater than the demand. China is seizing the opportunity and trying to drive down prices.

Source
Hansa Terminhandel GmbH
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