EU sow market stable
For most of this year, EU sow prices have been rising, but since the start of September, prices have remained quite stable. Nonetheless, over the past month, both Germany and the Netherlands have recorded the highest prices on records back to 2014.
In the latest week ended 27 October, EU sow prices stood as follows:
The upward momentum in the finished pig market has also slowed recently, though in general, these prices continue to climb.
Given the close export links with the UK, the stable German sow price, in particular, will have fed through to the GB cull sow price. In addition to this, a strengthening pound is likely to have put downward pressure on prices, to ensure UK sow meat remains competitive on the German market.