Germany: V- price 2.10 €/ kg (range 2.10 – 2.10 €/kg)The weekly slaughter numbers were higher at 748,92 pigs ( previous week 622,872 due to public holidays), and the slaughter weights rose to 98.0kg . Pre-registrations have fallen slightly to 281,900 pigs (previous week 287,100) . The ISN auction on Tuesday October 17, 2023 repeatedly did not take place due to a lack of demand.The V price has been set at €2.10/kg in a range of €2.10 - 2.15/kg for the period from October 19, 2023 to October 25, 2023. ASF : As of September 22, 2023, 5,566 ASF-infected wild boars have been officially confirmed in Brandenburg, Saxony and Mecklenburg. Only 15 ASF cases were reported in September 2023. Market and price development in selected competitor countries: In Denmark , in the 42nd week of 2023, the comparable calculated prices of 1.86 €/kg will once again remain unchanged . In Belgium, the prices in the 42nd week of 2023 will be kept unchanged with comparable calculated prices of 2 .07 €/kg has been reduced by -8 ct/kg. In the Netherlands the prices are in the 42nd.Week 2023 reduced by -8 ct/kg with a comparable calculation of €2.02/kg . In France/Brittany prices fell by -6 cents/ kg to €1.93/ kg . The number of battles is given as around 350,000; Slaughter weights are slightly increasing at 95.09 kg. In Italy, the quotations remained unchanged in the 42nd week of 2023. Supply remains tight. Not least caused by the ASP failures. In Spain, prices will be reduced by -3 ct/kg in the 42nd week of 2023 with a comparable €2.29/ kg. The cheaper competition forces prices to be adjusted. In the USA/IOWA, producer prices fell again to 1.53 €/kg. The number of slaughters has increased again after a holiday-related decline in the previous week. The unit prices are inconsistent. For Oct. 23, the stock market prices are at €1.71/kg. For 2024, the USDA expects a slight increase in production, consumption and exports.Brazil: Average producer prices have risen again to €1.61/kg . Domestic demand picked up somewhat again in the new month. Exports are also going well. The live supply increases slightly depending on the season. An increase is expected for 2024. China: Prices have stabilized at €2.88/kg . Only for the consumption-intensive month of January 2024 is €2.89/kg expected again. A slight decline in internal production is expected for 2024, which should be offset by increasing imports. China will soon allow Russian pork deliveries from ASF-free regions. Conclusion: The current autumn period is usually characterized by an increasing supply of pork with limited demand due to the phasing out of grilling activities. The slaughter numbers are stabilizing at over 740,000 per week. Pre-registrations also remain at a higher level than in the summer. Prices are under pressure. Hopes are focused on an increase in processed goods.But it's still a while before the pre-Christmas shopping season.
ZMP Live Expert Opinion
After significant price setbacks, prices appear to have recovered somewhat. The seasonal autumnal market weakness continues for the time being with an increasing supply of live meat and a drop in demand for grilling. Prices in neighboring countries have also been significantly reduced with a slight delay. It will still be a while before the pre-Christmas season stimulates sales.