Pig news from 05/18/2022

Germany: V price 1.80 €/kg (range 1.80 - 1.80 €/kg) The weekly slaughter figures are lower at 770,139 pigs ( previous week 772,032) , the slaughter weights at 97.5 kg (previous week 98.0 kg) are declining. By the end of April 2022, 7,300 tons of pork had flowed into the PLH campaign in Germany. In the EU it is a total of 47,500 t. More than half were locked up for 2 months. With 293,000 pigs (previous week 294,800 ), the pre -registrations are slightly smaller, but remain at a below-average level. When reselling the cuts to food retailers, processors and for export, the average prices were further reduced by -3 ct/kg.Prices have fallen by around -30 ct/kg since the beginning of April. The ISN auction on Tuesday, May 17, 2022 was repeatedly unsuccessful.   The V price has been fixed at €1.80/kg for the period from May 19, 2022 to May 25, 2022 ; the range is from 1.80 to 1.80 €/kg.   As of May 13, 2022, 3,895 ASF infected wild boars in Brandenburg, Saxony and Mecklenburg have been officially confirmed. In northern Italy, the finds add up to 119 ASF wild boar cases. The finds near Rome - 400 km south of the previous epidemic area - are getting bigger every week.   Market and price development in selected competitor countries:   In Denmark , prices are in the 20thKW 2022 increased by +3 ct/kg to a comparable €1.68/kg . According to the latest livestock census, pig stocks are down by 5 to 7%. In Belgium , the prices in the 20th week of 2022 remained unchanged after the decline in the previous week. Live supply and meat sales are largely balanced. In the Netherlands , the prices in the 20th week also remained unchanged at the reduced level of the previous week. In France/Brittany , too, prices have remained unchanged at €1.698/kg . Battle numbers reach a low 374,000 after the holidays. In Italy , the listings in the 20th week of 2022 also stopped. . The supply overhang is lower. In Spain , the prices in the 20th week of 2022 are unchanged.Spanish slaughterhouses stored 7,700 t in the PLH campaign. In the USA/IOWA , prices have risen to € 2.37 /kg . For the summer months of 2022, however, the futures rates are only around the €2.25/kg mark. Despite the start of the barbecue season, high inflation rates are dampening meat sales. The high dollar rate makes falling exports more expensive. Brazil: Average producer prices have fallen to € 1.42 /kg despite stronger REAL. An inflation rate above 10% slows demand. In some provinces, independent individual businesses receive emergency loans. China: Recent prices have increased further to €2.85/kg . The decline in the pig population and the Covid-related restrictions are reducing the supply. Forward rates on the Dalian Stock Exchange will drop in Sept.-2022 already traded again at 3.56 €/kg . In the third quarter of 2022, profits should finally be made again. Conclusion: The increase in consumer prices observed worldwide has triggered a drop in demand. The barbecue season is currently only having a limited effect on meat sales. Hopes are pinned on a persistently low supply of live animals.