(AMI) - European pork markets are supplied very extensively by weaned animals. The often very high in comparison to the previous year battle weights indicate an above-average high offer and a subdued demand from the slaughter industry. In European trading, as well as in third country trade is reported by a strong competitive pressure, is manifested in the price.
In France , it is reported by a saturated market. Contrary to expectations, does not accept the pig production as compared to the previous year, but is stable. After a long absence of quotation price recommendation will take place on Thursday the 26.November for the first time since mid-October again. A large enterprise group (Bigard) is absent on the auction but why, how originally the traded quantities are expected to also only half as large. In Spain , the markets under price pressures remain. The offer is greater than the demand of the abattoirs. The volume of the battle is probably between 6% and 8% greater than in the previous year in the year 2015, in addition, the weights of the battle are currently 3 kg over last year's level. In the year 2016 are again expected to growth. Due to missing pork demand, the abattoirs announce to reduce their slaughter. Despite a not too great offer sitting the abattoirs in Italy on the longer lever and have cut the cost prices in the past few weeks. This is remarkable because of the pig travel from mid-October to 15 EUR / pork, meat prices but only 8 EUR / animal. The more price trend is probably unchanged.
