Live hog prices have been rising for the second consecutive week. According to last week’s trading results, most operators adjusted prices by 3–5 UAH/kg, bringing working prices for the bulk of commercial batches close to 85 UAH/kg. Although both higher and lower offers appeared occasionally, the average weighted market price settled at 85.25 UAH/kg, which is 5.7% higher than the previous week.
The recovery in quotations after the sharp and significant “drop” throughout October and early November is natural, seasonally typical, and supported by producers’ reports of increased requests for additional batches.
However, meat processors are divided in their expectations for next week.
Some do not rule out a further rise in prices—though at a slower pace. Others, on the contrary, anticipate a decline, explaining the expected price shift by low market activity, sufficient supply of live pigs, and renewed interest among deep-processing plants in more “budget-friendly” imported raw materials.
At the same time, a number of procurement companies expect price stabilization, noting the absence of significant factors that could trigger major revisions. They also consider the impact of imports on domestic price formation to be minimal. In their view, stable quotations would help the market pass the pre-holiday period more smoothly and integrate seasonal trends more easily both at the end of this year and at the beginning of the next.
Weekly updates on purchase prices from processors are available in this section.
The Association of Ukrainian Pig Breeders is a non-profit, voluntary organization founded by domestic pork producers. Its main goals include representing and protecting the rights and interests of member farms, promoting the development and implementation of new technologies for efficient pork production, expanding market opportunities, and protecting the domestic market.