(AMI) - For the first time this year, monthly pork slaughterings in August were slightly higher than in the previous year. However, this does not change the overall rather limited supply situation and the significant decline in battle numbers. In the period from January to August of this year, around 36.4 million pigs slaughtered, which is 3.4% less than in the same period of 2018. In the further course of the year, a similar development is generally expected. While supply and slaughter numbers are picking up again slightly in the final months of the year, the decline in livestock numbers is expected to keep them below last year's levels. The current situation has a supporting effect on the slaughter pig price. Even though the demand for slaughterhouses for pigs is not always fast, supply for the prevailing demand remains mostly small. As a direct result, the price recommendation for slaughter pigs has now been around 1.85 EUR / kg for about 2 months. After last difficult years, the mowers can work economically and even achieve profits.Nevertheless, the structural change in the industry is likely to slow down slightly at best, and the number of nationwide farms with pig or sow production continues to shrink.
ZMP Live Expert Opinion
In the current week, the supply of slaughter pigs has increased slightly. On the one hand, this was on the holiday in the previous week, which has caused regional overhangs. On the other hand, the steadily rising slaughter weights indicate that supply is likely to increase slowly over the coming weeks. Nevertheless, the level of the previous year will continue to be undercut, of really large quantities is not expected. Accordingly, the price should come slowly under pressure in the coming weeks, but it remains to be seen how large the haircuts actually turn out to be. In particular, as China's import demand continues to provide impetus.
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