German price pressures influenced European countryside

(AMI) The pressure on the cost prices in Germany immediately spills over to the neighbouring countries of Belgium and the Netherlands. Although the domestic pork demand corresponds to the typical season expectations in several countries, the sluggish export is mourned.

In France, the manageable range of slaughter pigs and the demand of the abattoirs keep the balance. The export of aggressive price offers, reported that French goods is no longer competitive. The price trend is moderately weaker. Pork prices in Spain are atypical erweise easily under price pressure. Although the volume of slaughter pigs over demand the abattoirs is not too large, the price pressure in the European meat trade probably ensures moderate cuts of in pork prices. In addition, operation vacation (until 15 August) in several meat processing establishments cause a significantly reduced need for processing meat. In the trade with China and Korea is spoken also by price pressure, although the quantities that were down there are satisfactory. In Belgium, the national day on July 21 leads to muted demand for slaughter pigs. At the same time, the current pork demand as very small is assessed. The expected strong price correction of slaughter pigs probably 1:1 is priced in the meat trade. Contrary to the markets in North America and Western Europe, the Italian market of pork as well shows a balanced.

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