The prix of pig returned to stability this week at €1.689/kg at Plerin. On Monday, the variation in auctions was zero “highlighting convergent positions on the part of buyers”, indicates the French pork market (MPF). On Thursday, bidding spreads were relatively small, 0.2 cents. This week, activity is higher than the previous week.
Renewal of pork prices in Northern Europe
Stability is also in order this week on the main European market places (Germany, Denmark, The Netherlands). In Germany, the two public holidays at the end of last week reduced activity and the number of pigs increased, underlines the Friend. Market players speak of smooth marketing. They also report slightly more dynamic trade compared to the past week. Cooked hams are among the most popular pieces. Purchases are also increasing to prepare for the end-of-year holidays.
Read also: Pork: “Danish Crown is in crisis”
A month of October marked by price drops
These stability at the start of the month counteract the downward trend in prices observed recently in the main production areas of the Old Continent. In October 2024, over one year, it is in the Netherlands that this price reduction is most pronounced (-16.02%), again according to the MPF. It is also important for the MPF 56 TMP price (-11.13%). It is in Germany that the drop in the reference is least marked (-8.01%). Across the Rhine, the price fell only once during the previous month, but abruptly.
Belgium
