19.
01.22
15:24

VEZG is listed weaker

The mood on the slaughter pig market continues to deteriorate. The increasing supply of animals ready for slaughter can hardly be absorbed by the slaughterhouses. In many companies, capacities had to be reduced due to the increasing number of corona infections. At the same time, demand on the meat market has barely recovered, putting additional pressure on the market. The VEZG listing could not withstand the pressure and fell by 0.03 euros/kg SG. The " union price" is €1.20/index point (that's +3 cents compared to the previous week) in a range from €1.20 to €1.23; the corresponding FOM base price is €1.20/kg slaughter weight.

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