Conditions in the European pork market remain difficult. Producers are facing higher feed costs, particularly for soybeans, high energy expenses, weak global demand and excess supply. African swine fever remains an additional factor affecting Spain.
Mercolleida quotations have been below production costs for several weeks, and analysts do not rule out further declines before Christmas.
However, compared with most other EU countries, the position of Spanish producers remains relatively stronger. The equivalent liveweight prices cited in the analysis are around €1.38/kg in France, €1.17/kg in Spain, €1.08/kg in Belgium, €1.02/kg in Germany, €0.98/kg in the Netherlands and €0.90/kg in Denmark.
Thus, excluding France and Italy, where market conditions have their own particular characteristics, Spain currently has the highest pig price among the EU’s major producers.
PigUA.info, based on materials from 3tres3.com