Germany: V price 2.33 €/kg (range 2.33 – 2.38 €/kg) The weekly slaughter figures are 640,257 pigs ( previous week 756,382) due to the public holiday, the slaughter weights have remained the same at 97.4 kg Advance registrations remain below the average of previous years at 245,650 pigs (previous week 243,500) . At the ISN auction on Tuesday, May 9th. In 2023, an average price of €2.45/kg or -5 ct/kg was achieved at the pre-auction in a range of €2.45 to €2.45/kg. The V price is for the period from 11.05.2023 to 17.05.maintained at €2.33/kg in a range of €2.33 to €2.38/kg in 2023; ASP : As of May 5th. In 2023, 5,317 wild boar infected with ASF were officially confirmed in Brandenburg, Saxony and Mecklenburg. Since the beginning of 2023, 482 cases have been reported in the first 3 months. Market and price development in selected competitor countries: In Denmark, the prices in the 19th week of 2023 were repeatedly calculated at €2.04/kg unchanged. In Belgium, the prices in the 19th week of 2023 have remained unchanged at €2.21/kg for several weeks. The live supply is limited, but meat sales are slowing down. In the Netherlands , the prices in the 19th week of 2023 remained unchanged with a comparable calculation of €2.22/kg .In France/Brittany, the prices were set at €2.18/kg, a further 4 ct/kg lower . Due to the holiday, the number of battles has turned out to be very low. In Italy , the listings in the 19th week of 2023 have been reset by a further 3 ct/kg . Demand for meat remains subdued due to increased consumer prices. In Spain, the prices in the 19th week of 2023 remained unchanged at a comparable €2.64/ kg for the umpteenth time. Although the slaughtering capacities are not fully utilized, the high price level is slowing down sales opportunities at home and abroad. In the USA/IOWA, prices have fallen back to the equivalent of €1.50/kg after a brief recovery. Changing Covid-related slaughter and processing capacities lead to fluctuating live demand. Cold store inventories remain high. The prices for cuts show limited upward potential. Stock market listings for Aug.-23 have fallen to a disappointing €1.73/kg. Production cuts are expected for the third quarter of 2023. Brazil: On average, producer prices have recovered to €1.56/kg with weaker REAL. The price range between consumer-near and market-distant regions is widening. The export business with the Asian countries is an essential price support. China: Prices settled down again at the beginning of May 2023 at the equivalent of €2.59/kg . However, demand for meat remains weak, as is usual for the season. Prices on the Dalian stock exchange of the equivalent of 3.0 €/kg will only be traded again for Sep.23. Despite increased domestic production, imports are expected to increase again slightly. Conclusion: Despite the scarce supply of live meat, low cold store stocks and underutilized capacities, prices are staying at the level they have been due to the limited demand for meat. The low reserves are too tight for the coming barbecue season to cover the usual additional demand in the barbecue season.There is certainly room for upwards price increases, but depending on the barbecue weather it will be a long time coming.
ZMP Live Expert Opinion
From the unusually tight supply side, all signs point to rising prices in the near future. However, the reluctance of consumers to buy is still very strong at the moment, so that higher resale prices cannot be enforced for the time being. So the supply bottleneck has to get a little bigger.
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