Market participants in the German slaughter pig market reported a slight relaxation this week. Regionally, one can hear of moderately sinking overhangs. However, the worsening corona pandemic is causing concern for operators. In particular, there are problems with slaughtering restrictions and the closure of slaughterhouses. Bavaria in particular is affected.
In the last few days the pork trade has been a little more dynamic, but price increases are difficult to implement.
Restaurants and pubs are unsettled due to the dynamic development of infections. If the situation worsens, there is a risk of further restrictions such as the closure of restaurants and canteens, which would further restrict the pork trade.
Source
Hansa Terminhandel GmbH