EU weaner prices well below last year
The average EU weaner price for the week ended 31 May stood at €41.09 per head, leaving prices well back on 2014 levels.
Prices so far this year have followed their normal seasonal pattern, peaking in the spring but have been between €5 and €15 lower than those seen in 2014. Prices in the most recent week were almost €10 down on the same period a year ago. This is despite feed prices currently being at low levels, as the low prices seen in the finished pig market are leading to limited demand for weaners from finishers. So far in 2015, prices increased in the early part of the year, to peak in the week ended 13 April at €44.93 per head but have been falling since.
This recent fall in the EU average weaner price was largely driven by a €9 drop in the price of Spanish weaners in the four week period ending 31 May. Other countries registering large falls in this period included the Netherlands, where weaner prices fell by €5.50 per head. Most other major producers, including Germany, France, Poland and the UK all recorded falls of around €3 or less. No key markets showed an increase in the period, although Danish prices were stable. Weaner prices in all major producers were also down compared to the previous year, with Spain and the Netherlands showing the largest falls of around €15 per head.