Pig - News from 05/25/2022

Germany: V price 1.80 €/kg (range 1.80 - 1.80 €/kg) - unchanged The weekly slaughter figures are higher with 797,725 pigs ( previous week 770,139) , the slaughter weights with 97.2 kg (previous week 97 .5 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. The pre -registrations are smaller with 283,100 pigs (previous week 293,000 ), but one day of slaughter is missing. When reselling the cuts to food retailers, processors and for export, the average prices were reduced by a further -2 ct/kg.Prices have fallen by around -35 ct/kg since the beginning of April. The ISN auction on Tuesday, May 24, 2022 was repeatedly unsuccessful.   The V price has been fixed at €1.80/kg for the period from May 26th, 2022 to June 1st , 2022 ; the range is from 1.80 to 1.80 €/kg.   As of May 20, 2022, 3,914 ASF infected wild boars in Brandenburg, Saxony and Mecklenburg have been officially confirmed. In northern Italy, the finds add up to 123 ASF wild boar cases. The finds near Rome - 400 km south of the previous epidemic area - have risen to over 10. Boar traps are supposed to help.   Market and price development in selected competitor countries:   In Denmark prices are in the 21stKW 2022 remained unchanged at 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 21st week of 2022 have remained unchanged . Live supply and meat sales largely balance each other out. In the Netherlands , the prices in the 21st 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 21st week of 2022 have been reset again. The oversupply weighs on weak demand for processed meat. In Spain , the prices in the 21st week of 2022 are unchanged.It is only slaughtered on 4 days. Exports to China continue to decline. In the USA/IOWA , prices have stabilized at € 2.34 /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 still high dollar exchange rate reduces competitiveness in the export business. Brazil: Despite the stronger REAL, producer prices fell back to € 1.33 /kg on average. Rising living costs are slowing down demand. In some provinces, independent individual businesses receive emergency loans. China: Recent prices have further stabilized at €2.83/kg . The decline in pig numbers and Covid-related restrictions are reducing supply. Forward rates on the Dalian Stock Exchange will drop in Sept.-2022 already traded again at 3.54 €/kg . In the third quarter of 2022, profits should finally be made again. Conclusion: The increase in the cost of living that can be observed worldwide does not stop at meat shopping. The barbecue season only has a limited impact on demand. Hopes are pinned on a persistently low supply of live animals. A largely balanced development between a relaxed supply of live meat and a moderate demand for meat can be observed, a trend that could continue. The opposite cannot currently be determined