The house price debate remains. Westfleisch, Vion and Rönnies pay 1.75 euros for non-contract animals. The pressure on the slaughter pig market remains. The meat market continues to be the problem child of the entire industry. The slaughter companies reduce their capacities. Nevertheless, despite the fact that marketing requires quite a bit of effort, there are no overhangs on the market. Overall supply and demand are balanced and should remain so for the next few days despite all the pressure in the overall hog market. Consequently, there was no interest in pigs at the ISN Internet Pig Exchange today either. In perspective, the supply of live animals will remain small in the coming weeks. At the auction of the internet pig exchange this Friday, none of the 640 pigs offered were sold in 4 lots.
Source
VR AgrarBeratung AG