Bottom in piglet market, confidence still far away

In the pig and piglet market, after a few turbulent weeks, more calm has emerged. However, the nagging feeling about the low prices remains present among many market participants. The piglet trade is marked by very calm demand, both domestically and on the export markets. At the same time, supply is not very large either, which means there are few batches left over. When there are, it is difficult to find a buyer. In Spain too, they are not eager for collection batches, it is said. Little confidence Confidence in the slaughter pig market is low, despite piglets being relatively cheap to buy. Expectations for the pig price remain gloomy. Although consensus has temporarily been reached in Germany on a stable quotation, the pressure remains noticeable even after the 15 cent reduction. Some traders think the bottom has not yet been reached. Others are more optimistic. Slaughterhouses say it is difficult to operate in a full meat market, where there is ongoing pressure on cut prices. They are waiting for live supply to decline, but for now that does not seem to be the case. Growth is good in many places. There are also sometimes backlogs that arose during the warm weeks. Stable prices All in all, there are few short-term starting points and the desired price increases for both piglets and slaughter pigs are not in sight. Historically, price increases in the coming weeks are also not likely. Based on the reports, the DCA Beurs Mutation Price remains unchanged. The DCA BestPigletPrice remains the same at €26,50 per piglet.