12.
04.18
Pig prices remain stable

Schweine Cockpit, 12.04.2018

  • Declining reservations
  • Friendly barbecue weather
  • decreasing price pressure in international sales markets
  • worldwide low price level
  • China with decreasing imports
  • Competition in third-country business by low-cost suppliers

Battle pig market Germany

2018

15th / 16th week

Thu to Wed

14-15. KW

Thu to Wed

13./14 KW

Thu to Wed

12-13. KW

Thu to Wed

11-12. KW

Thu to Wed

10-11. KW

Thu to Wed

09/10. KW

Thu to Wed

08th-09th KW

Thu to Wed

V. price (€ / kg)

1.45

1.45

1.45

1.45

1.45

1.49

1.55

1.50

Advance registrations (piece)

222700

230700

215500

235700

235400

227100

212000

212400

 

 

 

 

 

 

 

 

 

ISN Internet Auction (Tue - Fri)

 

10.4.

4.6.

4.3

-

27.03.

3.23

20.3

3.16

13.3.

3.9

3.6.

2.3.

27.02.

23.2

2.19

Average price (€ / kg)

 

1.52

1.51

1.51

-

1.48

1.49

1.47

1.49

1.50

1.51

1.51

1.57

1.59

1.58

1.55

Supernatant in%

 

0

9.6%

9%

-

77.6%

17.8%

23%

10.5%

21%

24%

45%

38%

0%

5%

0%

2018

 

14. KW

13. KW

12 KW

11. KW

10. KW

9. KW

8. KW

Slaughter numbers (piece)

 

894869

852348

1036655

1027735

980780

949114

967503

  

Pig prices for 15./16. KW-2018   The ISN Internet auction on April 10th-18 gave an average price of € 1.52 / kg in a range of € 1.49 to € 1.535 / kg and a projection of 0%. General market and price developments: pork prices remain stable. Due to public holidays, the battle numbers remained significantly lower. The pre-announcement figures on battle numbers just below the 1 million mark.In the other EU Member States, developments are mixed: declining prices in Italy, France remains unchanged. Stabilization tendencies are emerging in the international pig market. Denmark: Danish pork prices remained unchanged for the 15 KW.-18. For the upcoming 16 KW , the base prices continue to be updated unchanged . In France / Brittany , the listing was maintained unchanged on 12.04 . The battle figures are low with 311,288 (last week 377,822 before last week 379,248) piece holiday due.The Dutch slaughter companies paid in the 15th KW-18 between 0 to -3 ct / kg . Belgium: Pig prices were reduced by 2 ct / kg in the 15th KW-18. Germany : For the 15./16. KW-18 , the merger price was fixed unchanged at 1.45 per kg or index point . The range is from 1.45 to 1.48 € / kg.The pre-registrations fall with 222,700 (last week 230,700 before last week 215,500) piece again lower. Slaughter numbers of the past week are low with 894,869 (last week 852,348 last week 1,036,655) piece holiday due. The applicable in Austria fattening pig base price for the 15./16. KW-18 remain unchanged. Pig prices in Spain are on Thu, 05.04. remained unchanged. In (upper) Italy the pig prices are on 09.04 in Modena -3,5 ct / kg , on Di in Reggio -4,2 ct / kg and Cremona -4 ct / kg . The battle figures are at 37,628 (previous week 45,222, before last week 43,666 42,265) piece at a low level. In Poland on 30.03.2018 pork prices rose at 57% MFL to the equivalent of € 1,402 / kg . Outlook: The pork market is in a reorientation phase after Easter holidays. On the one hand, the summer business is gaining in importance with low battle numbers and a slight increase in demand; on the other hand, third country business is not particularly priced. On the international level, a stabilization of the hitherto falling pork prices is emerging.Uncertainty remains as a result of the trade dispute between the US and China.   The US prices are on 11.04.18. increased in IOWA to the equivalent of 0.863 € / kg . A high US domestic supply is putting pressure on prices for filled cold stores and impending tariffs on US pork deliveries. The stock market quotations in Chicago have fallen to 0.95 ct / kg for the front month April 2018. The barbecue months June / July / August should bring in the top only 1.31 € / kg. China's pork quota fell again on 04.04.2018 to the equivalent of € 1.92 / kg . Increasing living supply from new fattening systems meets seasonal declining demand.The high EU export figures to China are expected to be lower this year. The currently uneconomically low price level in China will lead to further operating tasks of the traditionally small units and slow down investment. The Russian pork prices rose slightly on 04.04.2018 to 1.99 € / kg . The supply volumes have been smaller than expected. Whether the new price level can be maintained, has yet to turn out. Still the fallen value of ruble exchange did not affect. Brazilian pork prices have yielded on 11.04.2018 on average in the southwest region at the equivalent of 0.93 € / kg .The Brazilian Real has lost some of its purchasing power. The international competition from the USA and Canada is putting massive pressure on Brazilian export prices.

Pig prices remain stable
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ZMP Live Expert Opinion

There are increasing signs of a slowdown in market development. The living supply is less urgent, domestic demand looks friendlier. But international business remains a problem with low prices. China imports decline. Low-price providers spoil the third-country business.

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