13.
07.17
Against the pork prices

Schweine Cockpit, 13.07.2017

  • Low living offer
  • Pork meat in the southern holiday areas
  • Holiday-related weaknesses in the EU-North
  • Markedly declining third-country exports with a focus on China
  • Increased euro exchange rate

Germany

2017

28-29. KW

Thu to Wed

27-28. KW

Thu to Wed

26-27. KW

Thu to Wed

25./26 KW

Thu to Wed

24-25. KW

Thu to Wed

23-24. KW

Thu to Wed

22-23. KW

Thu to Wed

21-22. KW

Thu to Wed

  V. Price (€ / kg)

1.70

1.76

1.81

1.81

1.81

1.81

1.81

1.80

Pre-registrations (pieces)

215684

215263

220300

218228

221487

224300

213556

218220

 

 

 

 

 

 

 

 

 

ISN-Internetauction (Tue -   Fr) 14.7. 7.11. 7.7. 04th07 30.06 27.06. 6.23 6.20 6.15 13.06 09th06 6.6 2.6. 30.05. 26.05. 23.05.
Average price (€ / kg)

 

1.71

1.79

1.80

1.86

1.87

1.87

1.89

1.88

1.86

1.86

1.85

1.86

1.89

1.90

1.86

Supervision in%

 

57%

46%

79%

25%

0

12%

5%

4%

21%

23%

35%

23%

28%

0

0

2017

 

27. KW

26. KW

25. KW

24. KW

23. KW

22. KW

21. KW

Pig prices for 28./29. KW-2017 The ISN Internet website on July 11, 2017 provided an average profit of € 1.71 / kg for a margin of € 1.70 -1.73 € / kg. The offer was 3,725 pigs. There remained a supremacy of 57%. General market and price developments: In the north of the EU, the sale of pork has been rather stalled. Domestic demand and third-country sales remain weak. The slaughterings differ from region to region. In Spain, pigs are scarce for the coming holiday season.In Italy leads   The traveler's demand for greater sales opportunities with rising prices. Austria also benefits from the holiday season. In France, the supply-demand ratio is balanced. In the USA, pig prices have reached their peak in summer due to the bargain season and the booming export. Brazilian   Pig prices remain on the downhill. In China, prices have now caught at 2.40 € / kg. The Chinese importers remain cautious. Chinese consumers are changing their consumption habits to the detriment of pork.Denmark Danish pig prices were in the 28th KW-17 shortened by -4 ct / kg . The slaughter numbers are -7.1% below the previous year's level. For the coming 29th KW-2017 , the prices will be reduced by a further -4 ct / kg .In France / Brittany was   The quotation (10.07.) Remains unchanged . The reported slaughter figures for the whole of France are included   353,054 (previous week 358,784   Previous week 365,387) pieces continue in the lower midfield.The Dutch slaughtering companies have between -6 to -7 ct / kg in the 28th KW   paid. In the 29th KW 2017. , , ,  , Ct / kg can be paid. (Supplement follows) Belgium: Pig prices were paid between -4 and -5 ct / kg less in the 28th week . The quotations of the slaughter companies are for the 28th KW 2017   .......  Ct / kg. (Supplement follows) Germany : The slaughter numbers reach 949,011   (Previous week 961.963   Previous week 983,714). For the coming period from Thursday 13.07. Until Wednesday, July 19 (28/29.KW-17) , the association price was reduced by 6 ct / kg with 1.70 € per kg or index point . The range ranges from 1.68 to 1.76 € / kg. The announced deliveries of the next week are again equally low at 215,684 (previous week 215,263 previous week 220,300).The fattening pig's basic price, which was valid in Austria, KW only by -2 ct / kg   Respectively . Pigs are scarce in Austria. For the 28./29. KW is the basic trip only ...ct / kg   (Supplement) The pork prices in Spain were published on Thu, 06.07. Unchanged. In (Upper) Italy , pork prices are on 10.07.In Modena at +2.5 ct / kg , at Di in Reggio +2.5 ct / kg and   Cremona by +3,0 ct / kg . The slaughter numbers are at 39.207   (Previous week 36,397 previous week 40,928) pieces in the lower one   Midfield. In Poland , pork prices at 57% MFL of 1.74 € / kg were recorded on 30.06.2017 .Outlook: As a result of the holiday / holiday season, the demand for meat is rapidly declining in the northern regions of Europe and is shifting to the southern holiday countries. The live offer is sufficient for the need. The pre-registrations indicate sufficient number of slaughter numbers for the current week.   The US prices are on 10.07. Remained at 1.70 € / kg .The exchange rates in Chicago for the delivery date July-17 have risen to 1.75 € / kg. The barbecue season and the booming third-country export to Mexico supported by a weak dollar are the most important price-drivers on a high supply. However, the slaughter weights are dropping below the high summer temperatures   93 kg back.In the autumn months, prices between 1.35 and 1.40 € / kg are expected. China's pig pigeons caught themselves at the beginning of July at 2.40 € / kg. Increasingly   It turns out that the Chinese consumers consume less pork, and for this they increasingly rely on vegetable side dishes. Vegetable sales rose by + 30% compared to the previous year, while pork demand remained low despite sharply lower prices.The Russian pig prices have fallen to € 2,00 / kg on 05.06.2017 . The Russian pork supply is rising this year by 8.5%. The weaker ruble rate contributes to the conversion to the low price. Brazilian pork prices are based on the average values ​​in the Southwest region on 03.07. To 1.19 € / kg easily. The main reasons for this are seasonally low domestic prices.The Real has become somewhat more stable again.

Against the pork prices
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ZMP Live Expert Opinion

Despite the low numbers of slaughter, the stifling demand for meat in domestic and overseas business leads to sales volumes in the EU's northern processing centers. The increasing demand in the southern holiday areas can not compensate for the quantity. The weakening third-country business is exacerbated by a weaker eurozone. The holiday season also entails operating holidays in the processing industry, which means that this sales channel is becoming increasingly narrow. In the coming week the holidays begin in the most populous state NRW. This trims the sales outlook by a further factor.

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