Ukrainian slaughter pig prices went up due to the quarantine


In the first half of March, the average purchase price of live weight pork was at UAH 44.8/kg. However, there was an upward movement of quotation in the middle of the month. Thus, the average slaughter pig price rose by 3%, according to Oleksandra Bondarska, the head analyst of the Association of Ukrainian Pig Breeders.

The range of purchase prices rose this week to UAH 45-47 per kg, while the average market mark was at UAH 46.14 per kg. Therefore, the producers sold slaughter pigs at 0.5-2 UAH/kg more expensive price than a week earlier.

The key factor that influenced the prices appeared to be the two-week quarantine measures. Representatives of the meat-processing industry, in particular, pointed out a significant surge in consumer activity earlier this week. The increased demand for pig meat is also explained by the customer reorientation from pop-up market to retail chains due to the temporary suspension of the former.

Therefore, buying activity in retail chains will be one of the key factors affecting the purchase price until the end of quarantine. It should also be noted that the price situation in the market is "heated up" by both limited supply of industrial pork and competition among producers.

The majority of meat processing industry representatives regard the current situation as 'premature Easter'. In their opinion, such a desire to make sufficient food (including pork) supplies, to freeze it, may have a negative impact on sales and, consequently, on pre-easter prices.

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

Source: the AUPB analytical department

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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