EU weaner prices falling but higher than 2013
EU weaner prices in 2014 have generally remained above last year’s level and have broadly followed the normal seasonal pattern.
EU weaner prices in 2014 have generally remained above last year’s level and have broadly followed the normal seasonal pattern. There was an unexpected dip between February and March, when prices reached a low point for the year so far at €49.66 per head in the week ended 14 March. This was a result of a similar trend in the finished pig market due to the outbreaks of ASF and subsequent Russian import ban, as pig producers faced some uncertainties in the short-run. With the typical seasonal upturn during spring, average weaner prices reached a record high at €53.04 per head for the week ended 18 April. However, since then the weaner market has weakened and was close to the low point earlier in the year, with prices averaging €49.82 per head for the week ended 29 June 2014. Nonetheless, relatively lower feed prices this year have boosted finishers’ confidence, indicated by the €4 per head annual price differential in the latest week.
Falling EU weaner prices of late are a result of weaker prices across some of the key member states. One of the main exporters in the EU, the Netherlands, recorded a €6 decline in the last two months, while Spanish prices fell even more sharply during the same period. Polish prices have somewhat stabilised after the ASF related downturn earlier in the year and a similar trend was recorded in the German market. In contrast, weaner prices in Denmark strengthened by around €3 in the last couple of months but this increase failed to offset the overall fall in average EU weaner prices.