Pig cockpit, 20.02.2020

Pork market: even scarcer living supply - rising prices Germany: The slaughter numbers drop to 900,000 and the slaughter weights below 97 kg. The range of meat is becoming increasingly narrow in some areas. The unit prices in resale to food retailers and processors were increased by 2 to 3 ct / kg with the exception of Bauch. The average distance between the V price and the average of the unit prices has been restored. In view of the further declining pre-registrations of 208,100 pigs for the current week, a continued decline in supply can be expected. The V price was for the 8th / 9th KW 2020 increased to 1.96 € / kg (+5 ct / kg) in a narrow range from 1.95 to 1.97 € / kg. The third country business focusing on China is still suffering from the shock of the coronavirus epidemic. However, business is expected to pick up in the coming week. A possible introduction of ASP into Germany is a constant threat.The negotiations with China regarding regionalization have not yet been finally decided. Price development in individual competing countries : In Belgium , the living supply is becoming scarce. German slaughterhouses pull pigs from there. In line with the German listing, prices in Belgium will be raised. There are few sales changes in France . The blockades due to the strike are slowly dissolving. The prices should remain largely stable because no increases can be enforced in resale. In Italy there is now talk of a balanced market without price changes. Spain's slaughtering companies are in fierce competition for the increasingly scarce living supply. Domestic sales are still going smoothly, but China exports are picking up speed again. Spanish pig prices are on the rise again. Denmark's prices remain high, but premiums are limited.The strong export dependency poses problems in the face of the coronavirus epidemic.   In the USA , pig prices fell back to € 0.97 / kg . A weak € 1.34 / kg is traded on the Chicago stock exchange for the new front month of Apr. 2020. The export dependency is now 28% of the slaughter quantities. The slaughter numbers are still 7% above the previous year's level, but the slaughter weights are falling significantly. ,   In Brazil , prices recovered to € 1.49 / kg after the previous downward slide. The first shock waves of the coronavirus epidemic have subsided, but uncertainty remains. The fierce price competition from the USA is affecting the Brazilian exporters. China: The restrictions resulting from the coronavirus epidemic have further restricted the availability of pork. The prices jumped to 6.55 € / kg on average. They are even higher in the cordoned off regions.With the coming week, one hopes to slowly get back on the path to "normalization". At the international level, the price outlook remains shaky due to the coronavirus epidemic. Weak prices can be observed in production areas with a strong increase in production and high dependency on exports. In contrast, falling supply volumes in the EU are causing rising prices .