EU pig prices continue to see pressure

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EU deadweight pig prices have continued to see price pressure over the past four-week period, with the average for the week ending 13 November sitting at 172.81p/kg (€197.62/100kg).

Average prices across key producing countries for the most recent four-week period have all declined, with the exception of the UK, which has held over the period. The largest declines have been seen across Germany and Poland, down 12.72p/kg and 11.08p/kg respectively. Denmark saw the smallest decline, with prices dipping only 1.68p/kg. Continental prices remained at a discount to the UK price through the four weeks, although movements in sterling continue to affect EU prices. In the week to the 13 November, the discount ranged between 23p/kg and 51p/kg.

In the latest week (week ending13 November), prices have seen slight increases across key markets with the exception of France, which has seen a 3.62p decrease. Across the EU 27 average, there has been a 1.36p/kg uplift in price, with Poland seeing the biggest prices increase on the week, up 3.36p/kg.


PigUA.info by materials euromeatnews.com