Contact

Photo of Decline in EU weaner prices

Bethan Wilkins

Analyst

AHDB Pork Market Intelligence

email

Email Bethan

T: work 024 7647 8757

Decline in EU weaner prices

Home \ Prices & Stats \ News \ 2017 \ December \ Decline in EU weaner prices

In the 12 weeks ended 26 November, the average EU weaner price fell €5.53 to stand at €42.12/head, continuing on the downwards course that began in May. The current quote is now €2.46 lower than year earlier levels.

Prices fell behind year earlier levels for the first time this year in early October, and despite a brief upturn, have remained lower since week ended 6 November. Nonetheless, figures in recent weeks have demonstrated overall more stability. Although it’s feasible that this is a result of buoyed demand before the Christmas season, and not indicative of future movements. The downhill trend witnessed in weaner prices is fairly reflective of the finished pigs market, and supports reports that current supply is outweighing demand.

undefined

In Germany, the largest EU pig meat producer, the average weaner price fell €16.30 in the 12 weeks preceding 26 November to €46.00/head, predominantly driving the overall decline, while the Netherlands price also fell a substantial €12.75, to €28.50. Danish prices declined a more modest €5.53 within the period, to stand at €42.19. The only major producing member state to buck this trend was Spain with a reported rise of €4.62 to €34.30, which was insufficient to offset the widespread declines.

undefined

Annie Linekar, Trainee Analyst

annie.linekar@ahdb.org.uk, 024 7647 8723