According to analysts at German pig body ISN, the atmosphere in the European mature pig market has brightened in recent days. Germany has benefitted from the largest price increase, seeing a 5 cent price rise at markets last week. Under the pressure of the German prices, the quotations also went up in the Netherlands (+ 5 cents), in Belgium (+ 3 cents) and in Austria (+ 3 cents).

Finer weather coming to much of Europe is expected to lead to further growth, as demand for barbecue meat grows, especially in the UK, where a bank holiday weekend should translate into increased consumption. However, quantities on offer have reduced considerably compared to last weeks’ figures, ISN analysts said. 

The rises follow 11 weeks of stagnation in prices for some countries. ISN predicted price rises in Spain, one such affected country. This week Spanish producers saw price rises of around 2 cents, however, there was no such rise for French producers, who have mounted protests over poor market conditions and perceived lack of government support over the past year.

No price changes have been reported from Denmark so far, but demand is said to be livelier in the country, which may lead to future rises, especially as exports are still strong. Last week prices were up 1 cent in some French markets.

Meanwhile, German producers can be expected to maintain their favourable position, as quantities of pigs for slaughter still do not cover demand, meaning price rises are likely to continue.

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