The weakness in supply on the live market across Europe, following weeks of lull, contrasts with a meat market that has now become more lively. After extensive company holidays in the processing industry, there is a lively demand for raw materials on the part of the meat industry, and holidaymakers returning home are increasingly using the nice weather for barbecue activities in their private lives, thus stimulating the grilled meat and grilled sausage business.
In addition to these typical late summer scenarios, the signs for the German meat industry in the direction of exports to South Korea are more positive than they have been for a long time. Intensive negotiations in the ASF-stricken country have now resulted in the largest Asian pork belly importer accepting regionalization and allowing German pork bellies back into the country. Against this background, too, the producer representatives managed to achieve a plus of 7 cents in the German price model. The listings in the Mediterranean countries are also holding up well, where the scarce supply can hardly cover the demand of the late summer season, which is still flourishing.
Pigs ready for slaughter are also rare in Austria. Although a day of slaughter was missing in the week that is now coming to an end, various customers are trying to get some lots of pigs out of the fattening stables early. The food retail trade is currently trying to boost meat sales, which have recently fallen by between 10 and 20%, with consumer-friendly price campaigns. Despite 10% inflation, this plan seems to be working. As expected, the live supply on the Ö-Börse did not meet the demand, which meant that the buyers had to accept a further plus of 5 cents.
Prices week 33-34/’22 (market report from August 18, 2022):
fattening pigs–quotation price: EUR 2,13 (+0,05)
calculation basis: EUR 2,03
To sigh–quotation price: EUR 1,30 (+0,05)
Calculation basis: EUR 1,20
Dr. Johann Schlederer
– archyde news –
