Although the first days of spring bring the notable «snowbreak» the live pigs prices on the 11th week undergo some weakens because of low demand and definite currency rate strengthening on a bit lower positions. Thus as in early march, the pork of first category were sold by 29-32 UAH/kg, so the second decade of the month «cast down» the lower threshold of prices to 27 UAH/kg. The larding pork price varies from 25 to 32 UAH/kg, and the average price exceeds the level at the end of February almost per 3 hryvnias (27.3 UAH/kg vs. 24.5 UAH/kg).
Processors’ mood is predominantly pessimistic. According to market players, the realization is very dull. Some processors shorten the sausage industry by fourth, compared to a year earlier. Accordingly, some of them have to limit the volume of pork storage and some stops the purchase and process reserves, bought by more favorable prices.
That’s why the price increase on live pigs market is predicted only the day before Easter. Although together with decrease of purchasing power and general situation in the country the meteoric rise is not expected.
Dynamics of purchasing prices on pigs, weekly, UAH/kg
Source: Analytical Department of Association of Pig Producers of Ukraine