Germany: V- price 2.10 €/ kg (range 2.10 – 2.10 €/kg)The weekly slaughter numbers are significantly lower at 704,659 pigs ( previous week 752,525 ), the slaughter weights are lower at 97.1 kg . Pre-registrations have also fallen with around 252,400 pigs (previous week 255,700). The ISN auction on Friday 15th.12 2023 brought a price of €2.21/kg on average for the animals sold. Range ranges from 2.20 -2.225 €/kg. The auctions over the holidays are canceled. The V-Prize is for the period from December 22nd, 2023 to January 3rd. 2024 has been set at 2.10 €/kg in a range of 2.10 - 2.10 €/kg. ASF : As of December 14, 2023, 5,610 ASF-infected wild boars have been officially confirmed in Brandenburg, Saxony and Mecklenburg. In November 2023, 23 ASF cases were reported, mostly in Brandenburg. Market and price development in selected competitor countries: In Denmark, the comparable prices in the 51st week of 2023 remained unchanged at €1.91/kg . In Belgium the prices are in the 51st.KW 2023 with comparable calculated prices of 2.09 €/kg remained the same. In the Netherlands , the quotations in the 51st week of 2023 will remain unchanged with comparable prices of €2.05/kg . In France/Brittany prices remained unchanged at €1,781/kg . The slaughter numbers reach an average of 361,270 pigs with a slaughter weight of 96.06 kg. In Italy, the prices were reset by a further -3 ct/kg in the 51st week of 2023. When there is sufficient supply, demand decreases. In Spain, prices will remain unchanged in the 51st week of 2023 at a comparable €2.14/ kg. Lower slaughter numbers are compensated for by higher slaughter weights. In the USA/IOWA, producer prices fell again significantly to €0.98/kg. The number of battles has increased slightly compared to the previous week. Inventories are growing in the cold storage facilities.The unit prices have fallen significantly. For the new front month of February-24, the stock market prices are at €1.45/kg. For the month of April 2024, 1.70 €/kg is being traded. But we are currently in the red. Brazil: Producer prices have increased slightly on average to €1.68/kg . Domestic demand shows a seasonal upswing. However, exports have declined. China: Prices have risen again to €2.61/kg . Support comes from government stock purchases. Demand remains below average. The January 2024 prices have increased to €2.52/kg. In the government's opinion, the pig population is still too high for profitable prices, and the sow population in particular should be reduced again. Conclusion: Pork prices will continue to remain at current levels despite brisk demand and limited supply. Hopefully things will continue like this in the first few weeks of January.
ZMP Live Expert Opinion
The first hurdle has been overcome: prices remain constant over the holidays. The number of units on offer has remained smaller and the heavyweights have also given way a little. Hopefully it will look the same in the first two weeks of January with the usual weak demand.
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