In Germany, the supply of pigs ready for slaughter is not great this week, but it still exceeds demand almost everywhere. In advance, the slaughter companies were pushing for a further discount due to the limited sales opportunities in Germany and abroad. The domestic meat trade is also difficult. The hoped-for impulses with grilled meat failed to materialize almost completely. In addition, the lack of sales in the catering trade continues to burden the meat market. Sales towards China are slowly increasing, but prices are at a very low level. The meat market is causing problems almost everywhere with our European neighbors.
Source
Hansa Terminhandel GmbH