Germany: V price 2.00 €/kg (range 2.00 – 2.00 €/kg) - the weekly slaughter figures have changed little with 728,278 pigs ( previous week 728,225 ); the slaughter weights have decreased slightly to 97.1 kg . With 245,600 pigs (previous week 247,800 ), the pre- registrations indicate that there will continue to be a limited supply of live pigs compared to previous years.Price quotation for cuts has been discontinued. At the ISN auction on Tue, Jan 24. In 2023 , an average price of € 2.07/kg was achieved in a range from €2.06 to €2.07/kg. The supernatant was 39% . The V price for the period from January 26, 2023 to February 1 , 2023 has remained at €2.00/kg; the range is from 2.00 to 2.00 €/kg. ASF : As of January 24th, 2023, 4,885 ASF infected wild boars in Brandenburg, Saxony and Mecklenburg have been officially confirmed. Market and price development in selected competitor countries: In Denmark , the prices in the 4th week of 2023 were reduced by a further 6 ct/kg at a comparable calculated €1.70/kg. In Belgium , the prices in the 4th week of 2023 remained unchanged at €1.89/kg.In the Netherlands , the prices in the 4th week of 2023 were increased by +2 ct/kg with a comparable calculation of €1.80/kg. In France/Brittany , prices have risen by a maximum of 6 ct/kg to €1.967/ kg . The slaughter figures are reduced to 352,175 pigs. Slaughter weights are lower at 95.7 kg. In Italy , the listings in the 4th week of 2023 fell by a further 1 ct/kg . Sales in the month of Jan.2023 continue to be sluggish. In Spain , the prices in the 4th week of 2023 rose again by 3 ct/kg at a comparable €2.21/ kg. The domestic supply of live animals only just covers demand. Imports are necessary. In the USA/IOWA , prices have fallen further to the equivalent of € 1.43 /kg . Battle numbers are up 15% from the previous week. Prices for cuts have stabilized at a reduced level. For the front month Feb.-2023 the futures prices on the stock exchange will be €1.57/kg; for the summer months prices above 2 €/kg are traded. Brazil: Producer prices have fallen to €1.50/kg on average with weaker REAL. Domestic sales have declined. Impulses are expected at carnival in February China: Prices fell further in the 2nd week of January to the equivalent of € 2.98/kg . The exchange rate has stabilized somewhat. China is currently in the Lunar New Year festival week. Trading on the Dalian Stock Exchange is suspended. Conclusion: The usual weakness in sales at the beginning of the year in the meat business has not yet been completely overcome. However, after the holidays, the livestock trade is largely balanced with a tight supply. The price slump at the beginning of January, which was usual in previous years, largely did not occur. Firmer prices are expected in the coming weeks and months; however, the upward leeway remains limited. Neighboring export countries can deliver at any time.
ZMP Live Expert Opinion
The persistently reduced supply of live animals ensures stable prices. Meat sales remain at a reduced level despite initial demand impulses. Increasingly, imports from the neighboring surplus countries press on the German market. As a result, there is no upward price wiggle room.