Pig cockpit, 03/26/2020

Pork market: Hamster purchases meet increasing slaughter numbers Germany: The coronavirus pandemic ensures surprisingly stable prices despite shock waves. The battle figures have risen to a remarkably high 980,472. The slaughter weights, at 96.8 kg, indicate that there were many early deliveries.   In view of the 9% drop in registrations of 220,600 pigs for the current week, a living supply of 900,000 in the future can generally be expected. The V price for the 13th / 14th KW 2020 remained unchanged at € 1.89 / kg . The range is from 1.89 to 1.93 € / kg. When the parts were resold domestically, the prices were increased by an average of 3 ct / kg in the range from +1 to +7 ct / kg in the last week. Neck and pork chop, less stomach and shoulder were particularly in demand. The export business to Italy came to a complete standstill because of the pandemic there.The third country business with a focus on China is still limited by insufficient handling, but is slowly starting up again step by step. Slaughterhouses, processing and transport companies have their hands full keeping the operation and the flow of goods going. The ASP remains a constant threat in Germany. Around 60 km from the German border , a Polish sow farm with 12,000 animals has been hit by the ASP. Price developments in individual competing countries: In Belgium, hamster purchases meanwhile have brisk sales. The slaughterhouses work at the capacity limit. Prices remain largely stable. There is also a brisk demand in France . However, the slumped out-of-home consumption is clearly noticeable in the neglected demand for parts such as shoulders. The Italian business is sorely missed. In contrast, there is an increasing demand from China.In the meat industry, the failures are caused by an increasing illness. In Italy , meat production and processing is cut back by 30 to 40% due to a lack of labor. The supply of meat is additionally limited by the lack of imports. The prices are rising. The situation is similar in Austria and is exacerbated by the absence of holidaymakers. In Spain , despite the blocking measures, the increasing live supply is unabated by the increased slaughtering capacities. While Italy's exports have virtually stopped, exports to China are expected to normalize in the next few weeks. But sufficient refrigerated containers are still missing. Pig prices remain stable. Denmark's pig prices have remained fairly stable in narrow ranges. The intra-European distribution is difficult, but the third country business is showing the first signs of a revival. With a self-sufficiency rate of 600%, you have sufficient experience with the export business. Prices remain unchanged.  In the United States, hamster purchases cause price jumps at producer level from € 1.06 to € 1.19 / kg . The prices for the front month of Apr. 2020 on the Chicago stock exchange also rose suddenly from € 1.09 to € 1.35 / kg . The development is all the more surprising since the cold stores store 10% more pork than in the previous year and the slaughter figures are 11.5% higher than in the same period last year.   In Brazil , the converted prices fell further to € 1.32 / kg . The decisive factor is the decline in the national currency. The stabilizing REAL has somewhat compensated for the reduced prices. China business is on the rise again. The Brazilian Prime Minister's assessment of the coronavirus pandemic, which rigorously rejects government aid, is problematic. This affects the supply chain in the food sector.China: After a price low, the prices rose again on average to € 6.23 / kg . The blocking measures have been lifted except for the city of Wuhan. The economy is picking up speed again. The government has made meat supply a top priority. The corona epidemic has delayed the construction of new stables and slaughtering facilities, but it is believed that the turnaround will be achieved by the end of 2020. Meat imports are increasing again.