Ukrainian live pig prices: the quotation recovered

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The end of winter was marked by a sudden rehabilitation of purchase prices for slaughter pigs. According to the results of weekly monitoring of live market prices, the average market price during the last week of February added 5.4% to the previous week’s price, reaching 42.7 UAH/kg. This was reported by Olexandra Bondarska, the head analyst of the Association of Ukrainian Pig Breeders.

The last week’s trading ended with the increase in quotations by 1.5-2.5 UAH/kg, which accordingly affected the price range. According to the market players, the majority of commodity pigs were purchased at 41-44 UAH/kg. Market operators attribute the positive price dynamic both to the rehabilitation after noticeable quotation weakening in the middle of the month and to the market revival in preparation for the holiday weekend at the beginning of March.

Given this, most pork producers and processors expect the price to increase in the first week of spring. On the other hand, processors doubt whether the positive fluctuations in prices will turn into an upward trend.

According to the survey of meat processing industry representatives, trading remains seasonally weakened. The beginning of pre-Easter fast, although will not affect the price significantly, will not support it either. So, on the one hand, some meatpackers are counting on the price stabilization and the rest expect the price to weaken during the second decade of March. On the other hand, in contrast to March 2019, operators register less pressure from imported pork and more from available poultry.

Weekly dynamics of farm-gate prices for live pigs of the 1st category, 2019-2020

Source: the AUPB analytical department

*-estimate


Association of Ukrainian Pig Breeders — is a non-profit voluntary organization. Established in July 14-th, 2011. At present, AUPB unites 41 farms, supplying over 50% of commercial pork in Ukraine. The main objective of the Association is to protect rights and interests of pig producers, achieve international standards of production due to implementation of modern technologies.

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