The pig market goes into the weekend unchanged. The weak meat business is making itself felt among the butchers and is expressed in the form of reduced slaughtering activities and increasing calls for price reductions. On the other hand, trade continues to be brisk and the small living supply continues to match the reduced demand. The fact that all pigs were sold above the current listing level on the Internet pig exchange shows that there is still no oversupply on the market despite the reduced demand.
At today's auction of the Internet pig exchange, 820 pigs in 6 lots were sold at an average price of 2.06 euros (+/- 0 cents compared to the last auction). The trading range was between EUR 2.05 and EUR 2.085.
Source
VR AGRICULTURAL
