EU sow prices continue to strengthen

Monday, 7 June 2021

As finished pig prices in some key EU member states have risen, so have sow prices. In the German market, the average M1 sow price reached 128¢/kg at the end of May. The German price can be something of a guide for other member states; there has also been some increase in the Dutch price in recent weeks. However, the French price has not seen the second round of support. Sow slaughter in Germany is 3.1% lower than year earlier levels so far in 2021.

Reports from AMI suggest the amount of pork in store in Germany is high compared to last year, but it is hoped that summer demand will start to work through this. As such, any demand-side weakness could undermine further price increases in clean pigs and therefore sows. For now however, prices are being driven by shorter numbers of clean pigs.

 

 

The British sow market has been vulnerable to new checks and other administrative changes imposed at the border since the UK left the EU. Exporters have worked hard to overcome difficulties and British sow prices have improved too, compared with earlier in the year. Although, reports suggest that the lack of profitability in the finished pig market might mean the uplift in sow prices has presented an opportunity for some producers to exit. We will need to watch upcoming June survey data for more guidance.

Image of staff member Duncan Wyatt

Duncan Wyatt

Lead Analyst - Red Meat

Sign up for regular updates

Subscribe to receive pork market news straight to your inbox. Simply complete our online form.

Visit the Keep in touch page

While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.

All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk  © Agriculture and Horticulture Development Board. All rights reserved. 

Sectors:

Tags:

×