Philippe Mallétroit – Director for France and Africa

Hog Market

After two years of decline, the European pig stock is steady. Attributable to extra slaughter capability, slaughterhouses compete vigorously to satisfy their pork wants. Pork will probably be costlier within the upcoming months. Ready commerce improve, packing crops use chilly storage.

In France, wants from slaughterhouses had been stronger from mid-February ensuing within the value improve. Throughout February, hog market value improve by 0.171 € per kg carcass. As noticed elsewhere in Europe, the pattern is in the direction of the manufacturing of pigs heavier than the previous 12 months.

In March, costs proceed to climb: 1.961 € per kg carcass on 4th of March and a couple of.011 € (82.29¢ lb. liveweight USD) this final Thursday seventh of March. Because of this, there is a rise within the value of piglets, presently about 45 € for a 8 kg weaned piglet and about 70 € for 25 kg small pigs. Final week, some French producers from Southwest of France advised me that they had affords at 102 € for 25 kg liveweight pigs.

At the moment the feed value for finisher pigs is about 290 € per Ton, and feed costs ought to proceed to fall. It’s why French producers are fairly optimistic for the upcoming months. Furthermore, resulting from drop of the variety of French and European pig producers the final two years, some producers assume the long run might be brighter than typical resulting from lack of pigs to come back.

Supply : Marché du Porc Breton