Although the supply of pigs ready for slaughter this week is not very abundant, the demand is currently very quiet. There is often talk of reduced quantities. Therefore, house prices were already an issue in the past week. Accordingly, all major slaughterhouses demanded a significant drop in the association price. Meat sales continue to cause problems and the situation threatens to worsen. The closure of the restaurant is clearly noticeable and the impulses of the barbecue season are clear. There is also a lack of stimulating exports, although sales with China seem to be increasing. However, the competition from the United States is giving German and European marketers a headache with very cheap goods.
Source
Hansa Terminhandel GmbH
