Pig prices for 16./17. KW-2018 The ISN Internet auction on April 17, 18 returned an average price of € 1.50 / kg in a range of € 1.47 to € 1.515 / kg and a projection of 29%. General market and price trends: Under the international pressure of fallen pork prices, prices are declining despite barbecuing weather and lower living offers.The pre-registration figures point to battle numbers just below the 1 million mark. In the importing country, Italy, pig prices have fallen by around 15 cents / kg in recent weeks. In Spain and France, they remain almost unchanged. Germany, with a pork surplus of 20%, is feeling the price collapse of Italy particularly strong. Initial stabilization trends are emerging in the international pig market. Denmark: Danish pig prices were kept unchanged for the 16th week of production 18. For the upcoming 17th KW base prices will continue to be updated unchanged .In France / Brittany , the quotation on 19.04 was set at -1.1 ct / kg lower. The battle numbers are with 385.760 (last week 311.288 before last week 377.822) piece again above average. The Dutch slaughter companies have paid unchanged in the 16th KW-18 . Belgium: Pork prices remained unchanged in the 16th KW-18.Germany : For the 16./1. 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 226,900 (previous week 222,700 before last week 230,700) piece lower again. Battle numbers of the past week are with 987,948 (last week 894,869 before last week 852,348) piece in the scarce annual average. The applicable in Austria fattening pig base price for the 16./17. KW-18 remain unchanged.Pig prices in Spain are on Thu, 12.04. remained unchanged. In (Upper) Italy , pig prices on 16.04 in Modena were reduced by -4.4 ct / kg , on Tues in Reggio -4.5 ct / kg and Cremona -5 ct / kg . The battle figures are with 42,416 (previous week 37,628, before last week 45,222) piece at average level. Last week In Poland are on 30.03.2018 pig prices at 57% MFL increased to the equivalent of 1,402 € / kg . Outlook: The pork market is under Duck on export in the EU domestic market and third country business. Grill weather-related sales and low battle numbers have so far developed little impact on quotations. 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 17.04.18. in IOWA increased to the equivalent of € 0.93 / kg . The shock of the Chinese import tariffs that came into force is put into perspective, but there are still import duties in Mexico - the largest US sales area - in the room.High US domestic supply keeps prices under pressure. Stock market listing in Chicago has risen to 1.21 ct / kg for the new front month of May 2018. For the barbecue months June / July / August, further increases are to follow. China's pork quota fell again on 11.04.2018 to the equivalent of € 1,886 / 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 fell back on 11.04.2018 to 1.88 € / kg . This is largely due to the loss of purchasing power of the Russian currency ruble. Brazilian pork prices have stopped on 18.04.2018 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 puts pressure on Brazilian export prices.
ZMP Live Expert Opinion
Export-related sales weakness leads to price pressure with a self-sufficiency level of 120%. Grill weather-related additional sales and a below-average live offer can currently not sufficiently keep it. Perhaps the current price weakness is short-lived.