Pig - News from January 5th, 2022

Germany: unchanged V- price 1.23 € / kg   The weekly slaughter figures remained expected low at 668,544 (previous week 904,201) the slaughter weights are unchanged at 96.5 kg. The slaughter rates are usually lower between the holidays. The pre-registrations increased only slightly to 262,200 pigs (previous week 253,800). The background to this is the reduced number of piglet stalls and a reduced need due to public holidays. When reselling the cuts to food retailers, processors and for export, the average prices were largely retained . Neck tightened 1 ct / kg . Experience has shown that the post-Christmas business is quite unsafe.The Covid pandemic is exacerbating the sales problem. The ISN auction on Tuesday, Jan 4th 2022 brought an average price of 1.27 (range 1.26-1.28) . When 528 pigs were offered, a protrusion of 15% remained.   The V price for the period from January 6th, 2022 to January 12th, 2022 remained unchanged at 1.23 € / kg; the range from 1.23 to 1.25 € / kg as well. As of January 4, 2022, 3,130 wild boars infected with ASF have been officially confirmed in Brandenburg, Saxony and Mecklenburg. In Mecklenburg there have been 2 cases of wild boar and 1 case of domestic pigs so far.   Market and price development in selected competing countries:   In Denmark the prices in the 1st week of 2022 remained unchanged at 1.13 € / kg . Changes are not expected.In Belgium the prices remained unchanged in week 1, 2022. In the Netherlands , too, the prices in week 1 have remained unchanged . Changes are not expected. In France / Bretagne , the previous prices of 1.247 € / kg have remained fixed with reduced slaughter figures. In Italy , prices fell by - 2.5 ct / kg in week 1, 2022. In the post-Christmas phase, the usual weak demand is felt. In Spain the prices have stabilized in the 1st week 2022 at an unchanged level around 1.30 € / kg. Despite the high live supply, sales are satisfactory. In the USA / IOWA , prices rose again to 1.23 € / kg with falling slaughter numbers and below-average cold store stocks.The new front month Febr-22 is already being traded on the Chicago stock exchange at € 1.58 / kg . Prices are expected to continue to rise in the first half of 2022. The background to this is the clearly decimated pig population. Brazil: Producer prices have stabilized on average at € 1.21 / kg with weaker REALs. Exports have slowed recently. There are high expectations for future business with Russia with duty-free import quotas of 100,000 t of pork and 200,000 t of beef in the first half of 2022. Import permit is available. China: The latest prices have fallen to € 3.17 / kg. Preparations for the Chinese New Year, Anf. Feb.-22 are not quite finished yet. After the holidays, the prices usually drop sharply: the forward rates on the Dalian stock exchange to € 2.56 / kg.Conclusion: The post-Christmas phase is usually low in demand. The Covid-related restrictions exacerbate the problem. So far, the unit prices have remained stable. Hopes are directed towards lower slaughter numbers in the future due to the lower piglet stalls.