Supply and demand are still well balanced on the European pig slaughter market, according to German pig meat body ISN. French pig prices have increased marginally, rising 0.4 cents during an auction at Plerin.

Following the Easter holidays, and with warmer weather forecast, producers in France are optimistic that demand will rise once more and translate into further price increases.

Spain has seen no change for the seventh week in a row. ISN said the Spanish markets are said to be balanced.

Over the past week in Germany, pig prices and numbers of pigs for slaughter have remained well below last year’s levels, despite the best efforts of German slaughter companies. ISN said prices in Germany could be expected to remain unchanged.

Austria, the Netherlands and Belgium are experiencing similar conditions, with no observable price changes.

However, in Britain, price rises will be pleasing producers. Prices have mounted considerably over the past few weeks, meaning the UK is currently leading the European ranking table with a converted €1.75 per kg slaughter weight.

Across Europe, the demand for pigs for slaughter continues to be very good and in Germany in particular prices can be expected to increase steadily during the week ahead.

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