EU weaner price rises could mean tighter supplies
Weaner prices across the EU have firmed significantly since early December, with the EU average reference price rising from below €32 per head to over €40 during that time.
Rising prices are usual during the spring but this year’s increase seems to have started earlier than normal. This may be an indication of lower numbers of weaners being marketed, which could mean tighter finished pig supplies later in the year. Nevertheless, prices have remained close to year earlier levels, which does not suggest that there is much confidence for a marked recovery in finished pig prices before the summer, at least.
The overall average does hide some differing trends. Most of the leading producers did record strongly rising prices, most notably in Germany, the Netherlands, Belgium, France and Spain. The latter is perhaps surprising given the ongoing strong growth in its herd and suggests there has been strong demand from finishers there. Some Member States have seen stable or falling prices, however, including Denmark and Poland, as well as the UK, of course.
Stephen Howarth, Market Specialist Manager
Stephen.firstname.lastname@example.org, 024 7647 8856