09.
04.15
09:17

Increase in slaughter pig prices in Germany provides impulses for Europe

(AMI)  Despite the reduced activities of the battle to Easter, there are no significant overhangs to slaughter pigs in the neighbouring countries. Supply and demand are is mostly balanced, so dominate largely unchanged prices. For the new week higher pork prices in Germany should pull easily also the guide prices in neighboring countries.

In France , abattoirs because of reduced requirements can rely on Easter Monday on a good enough offer. Therefore little scope for higher pork prices exists for the second half of the week. Also in Belgium , the pig market presents mostly balanced. The increased price of pork in Germany should be but slightly upward move, prices paid for the new week.

Due to the relatively high activities of battle also here no overhangs of weaned animals were formed in Spain . In the export is reported from a Spanish perspective from a slightly reduced trade with the neighbouring European countries, this applies in particular in the shipping to France and Portugal. This gap can be compensated but due to the volume larger demand from South Korea, the Philippines, Japan and China. However, the price pressure in the global trade is stronger than at the same time in the previous year. The very low pig prices in North America are the reason. A positive signal is that pork prices have not fallen after Easter. For the new week, light price fixings in Spain are quite possible.

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