25.
10.23
Prices remain constant

Schweine News, 10/25/2023

Bullish
  • .
Bearish
  • increasing life supply in autumn
  • continued weak demand for meat
  • insufficient export

Germany: V- price 2.10 €/ kg (range 2.10 – 2.10 €/kg)The weekly slaughter numbers were lower at 730,771 pigs ( previous week 748,792 ), the slaughter weights remained at 98.0 kg . Pre-registrations have fallen slightly at 270,000 pigs (previous week 281,900) . The ISN auction on Tuesday October 24th, 2023 did not take place again due to a lack of demand.The V price has been set at €2.10/kg in a range of €2.10 - €2.10/kg for the period from October 26th, 2023 to November 1st, 2023. ASF : As of October 24, 2023, 5,567 ASF-infected wild boars have been officially confirmed in Brandenburg, Saxony and Mecklenburg. In September 2023, only 15 ASF cases were reported. Market and price development in selected competing countries: In Denmark , the comparable prices will be increased again for the first time to €1.89/kg in the 43rd week of 2023. (Reason: short vacation effect) In Belgium, the prices in the 43rd week of 2023 remained unchanged with comparable calculated prices of 2.07 €/kg . In the Netherlands the prices are in the 43rd.Week 2023 with comparable calculated prices of €2.02/kg also remained unchanged. In France/Brittany prices have fallen by a further -5 cents/kg to €1.88/ kg . The number of battles rose to 354,389; Slaughter weights are slightly higher at 95.33 kg. In Italy, the prices were only slightly lower in the 43rd week of 2023. Supply remains tight, not least caused by the ASP outages. In Spain, prices will be reduced by a further -3 ct/kg in the 43rd week of 2023 with a comparable €2.29/ kg. The price-related sales difficulties at home and abroad are forcing prices to be adjusted. In the USA/IOWA, producer prices fell again to €1.49/kg. The number of battles has increased again. The unit prices are inconsistent. For the new front month of December 23, the stock market prices are at 1.39 €/kg. The USDA expects production and sales to increase in 2024, but market experts are less certain.Brazil: Average producer prices have fallen back to €1.59/kg . Demand at home and abroad has lost some momentum. Exports are under strong competitive pressure from North America. The live supply increases slightly depending on the season. China: Prices have stabilized at €2.88/kg . Imports have decreased. Only for the consumption-intensive month of January 2024 is €2.89/kg expected again. Stable production is expected for 2024 with reduced demand after Chinese New Year. 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 restrained 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.It will still be a while before the pre-Christmas season stimulates sales.

ZMP Live+ Logo

ZMP Live Expert Opinion

The autumn live supply remains more than sufficient for the restrained demand. Export opportunities in the EU internal market and third country markets are significantly restricted due to ASF and significant price differences.

ZMP Market Report Compact
Latest news from the markets, in compact for you

You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!

12.
10.24
15:05

USDA expects lower pork production in major production areas In its latest quarterly edition Oct-2024, the US Department of Agriculture (USDA) estimates a -0.8% reduction in pork production in 2025 in major countries around the world. In China, the world's largest producer country with a 48% share, pork production is set to fall by a further -2.2%…

read on
23.
08.24
15:52

China produces, consumes and imports less pork The US Agricultural Information Network (GAIN) has published figures on the Chinese pork market in its latest report at the end of Aug 2024 with some unexpected results. The decade-long increase in production and consumption of a staple food was massively reduced in 2019-21 due to ASF, but subsequently…

read on
14.
07.24
09:09

USDA estimates world pork market little changed. In its quarterly July 24 report on the pork market, the USDA estimates little change in total production at 116.3 million tons. Consumption is estimated to be slightly lower than last year at 115.1 million tons. Global trade is expected to increase slightly on the export side. However, different…

read on
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Help?

Do you have questions about ZMP Live? Our team will be happy to help you. Please feel free to send us a message:

Our privacy policy applies

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich