EU

Weaner prices in Europe are skyrocketing

Pork

The average EU weaner price for the first week of December stood at 63.75/head.

Posted on Dec 18 ,09:12

Weaner prices in Europe are skyrocketing

The "pig meat vortex" created by China in the global market is having a big impact in the EU weaner market, where prices are exploding. In just one month and a half, the average price has jumped from €53.58/head to €63.75/head.

eu-weaner-prices


"The weaner market usually strengthens at this time of year, but the latest price is the highest on record. The lively market for finished pigs has undoubtedly influenced the weaner market, which has unusually been on an upward trend since mid-August. Weaners have increased in value by 27% in that time, no doubt supporting the profitability of EU piglet producers. Noticeably, the stronger rising trend in finished pig prices in the past two weeks has also been reflected in the weaner price. The recent extensive growth in the EU average weaner price was encouraged by large rises from several key markets," commented Bethan Wilkins, senior analyst, AHDB.
The largest variations in prices were seen in the Netherlands (+€19.50), Belgium (+€17.00), Spain (+€15.56) and Germany (+€12.00).

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

Poland

Polish pig breeders urge Government to delay EU Directive

Food security may be at risk in Poland and the rest of the EU member states as a revised EU Direc...


Read more Read more
Australia

Challenging year for Aussie red meat exports

So far, 2022 has been a challenging year for exporters around the world, and these challenges hav...


Read more Read more
Belgium

De Groene Weg receives the first batch of Belgian organic pigs

This week, organic pig farmer Nico Vandendriessche from Wallonia delivered the first Belgian pigs...


Read more Read more
Websolutions by Angular Software and SpiderClass