Germany: V- price unchanged at 1.25 € / kg - differences between north and south. The weekly slaughter numbers have risen slightly to 826,395 (previous week 818,452), the slaughter weights are slightly higher at 97.2 kg. Business is going well in the south. In the north there are overhangs, some parts are pushed. The pre-registrations are slightly higher with pigs 280,700 (previous week 274,600 ), but there are regional differences. When reselling the pieces to food retailers, processors and for export, the average prices were kept unchanged . Selling ham is difficult. At the ISN auction on Tue, 14.09.there was no price for an offer of 810 pigs . There was a 100% supernatant. The V price is for the period from 16.09. until 29.09.2021 remained unchanged at 1.25 € / kg. The range again ranges from 1.25 to 1.30 € / kg. As of September 14, 2021, 2,110 wild boars infected with ASF have been officially confirmed in Brandenburg and Saxony. There are no new cases of infected domestic pigs. Market and price development in selected competing countries: In Denmark the prices remained unchanged in week 37, 2021. The line fell below the price level of 1.20 € / kg. Rising battle figures and weak exports put pressure on prices.In Belgium the prices remained unchanged in week 37. The prices are based on the 1 € / kg mark. Netherlands: After the downgrades in the previous periods, the prices in KW 37 remained unchanged . In France / Brittany , prices were reduced slightly to € 1.335 / kg . The slaughter figures have fallen slightly to 369,806 pigs, as have the slaughter weights. In Italy the prices fell by -3 ct / kg in week 37. The end of the holiday and cheap Spanish imported goods left no room for high prices. In Spain the prices were again reduced by -2 ct / kg in week 37. The price drop in the last 10 weeks adds up to around 40 ct / kg and is the equivalent of 1.53 € / kg.Increasing living supply, falling domestic demand due to the end of vacation and declining exports are putting the market under pressure. In the USA / IOWA , prices fell to 1.62 € / kg due to the holiday. On the Chicago stock exchange , the prices for the front month Oct. 21 fell to € 1.51 / kg . Scarce cold store stocks prevent even steeper falls in prices. Brazil: Producer prices have risen again to € 1.40 / kg. The rates in some provinces that require subsidies have risen sharply, while the prices in export-oriented regions have remained the same. The real remains largely stable. China: The latest prices have fallen further to € 2.52 / kg.For Sep-2021 , futures prices of "only" € 2.33 / kg will be traded on the Dalian stock exchange. Economic losses in pig farming lead to a stock reduction. The state helps with support purchases. Conclusion: Persistently high slaughter numbers, slaughter weights and advance registrations as well as high stocks of cold stores push producer prices down if the sales situation continues. There are, however, differences in the supply situation between northern and southern Germany. In the EU internal market, rates in the northern areas remain constant, while further price declines have been reported in Spain and Italy.
ZMP Live Expert Opinion
An improved sales situation in southern Germany is offset by surpluses in the living supply and high stocks of cold stores in the north. In the EU internal market, prices in the northern producing countries remain largely unchanged at a low level. In Italy and Spain, prices tend to be under pressure at the end of the holiday. In addition, there is a lack of urgently needed high export sales in Spain.
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