Germany: V- price unchanged at 1.20 € / kg - upward impulses still too weak The weekly slaughter numbers have tended to fall with (previous week 836,759), the slaughter weights are also at 97.7 kg . The pre-registrations for pigs (previous week 291,800 ) have decreased significantly. This heralds a declining live supply due to the reduced piglet stalls. When reselling the pieces to food retailers, processors and for export, the average prices have been increased in the last 3 weeks from 1.67 to 1.72 € / kg . Ham, chop, shoulder and neck were the supporting pieces.The Christmas business brings the first impulses. At the ISN auction on Tuesday, November 30th. a price of 1.24 € / kg came about with an offer of 566 pigs. A supernatant of 28% remained. The V price is for the period from 02.12. until December 8th, 2021 remained unchanged at 1.20 € / kg; the range from 1.20 to 1.25 € / kg as well. As of Nov. In 2021, 2,865 wild boars infected with ASF were officially confirmed in Brandenburg, Saxony and, more recently, Mecklenburg. The cause of the introduction of around 4,000 pigs near Rostock in the ASF case is still not known. Market and price development in selected competing countries: In Denmark , prices in week 48, 2021 remained unchanged at 1.13 € / kg. The livestock supply is controlled by the slaughterhouse according to capacity.In Belgium the prices in week 48 remained unchanged at the previous level of less than 1 € / kg . In the Netherlands the prices in week 48 also remained unchanged . In France / Brittany , the previous prices have increased slightly by 1 ct / kg to 1.247 € / kg, despite the increased number of slaughters. In Italy , the prices in week 48 were +4 ct / kg higher. The increasing demand from the pre-Christmas business supports the price trend. In Spain , prices in week 48 have stabilized at an unchanged level. The sharp decline in prices that has persisted since July has come to an end. Rising prices in China open prospects for higher export revenues, but corresponding orders are still missing.In the USA / IOWA the prices have remained at 1.07 € / kg with constant slaughter numbers but increasing weights. However, the Dec. 21 listing on the Chicago Stock Exchange fell to € 1.41 / kg . The reduction in the number of pigs determined after the cattle count will ensure prices will rise again in the coming year to 1.65 € / kg (Apr.-2022) Brazil: The average producer prices continued to rise to 1.47 € / kg despite the weaker REAL. Rising export revenues in the Chinese business support the price increases. There are also hopes for duty-free Russian import quotas of 100,000 tons of pork and 200,000 tons of beef in the first half of 2022. Russia has lifted the import ban for Brazil, but not for the EU for political reasons! China: The latest prices rose to 3.29 € / kg despite the falling exchange rate.For the January 2022 date , futures prices of € 2.98 / kg will be traded on the Dalian stock exchange. Conclusion: An easing of the sales situation in the EU internal market is only slowly taking shape. The inadequate third country sales have the price situation in the EU internal market under control for the time being. With the exception of Spain, the battle numbers are tending to decline. There is some movement in the meat market as a result of the Christmas business. Lower pre-registrations and rising price per unit indicate further relief.
ZMP Live Expert Opinion
For the time being, expectations of higher prices are still being capped by the insufficient impetus. However, the signs of a certain relaxation are undeniable. However, the latest developments in the Covid pandemic are dampening the prospects for a fundamental improvement before the turn of the year.
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