The German slaughter pig price is predominantly balanced this week. The offer is clear, and demand has picked up noticeably. Nevertheless, the total number of pieces is sufficient to meet the demand. This is also due to the missing days of slaughter in the past week and on Whit Monday. The demand for pork has picked up noticeably in Germany and internationally. The gradual opening of the catering trade and the extensive barbecue activities have their share in this. In addition, China has an immense need for imports after the decimation of pigs by African swine fever. Analysts expect the markets to normalize further in the coming weeks.
Source
Hansa Terminhandel GmbH
