Decline in pig prices in EU
German slaughter companies achieve 5-cent reduction
The pigs-mature-for-slaughter market in the EU is experiencing an unexpected decline in prices, according to a report by ISN.
German slaughter companies have been exerting pressure by saying the meat business is weak and have achieved a 5-cents reduction. As a result, Dutch and Belgian prices dipped and for the first time the Dutch corrected quotation matched the German corrected price.
Many parts of Europe, UK and Sweden reported on unchanged quotations.