EU weaner prices are starting to taper back, according to AHDB Pork, quoting the latest EU data showing a slight downturn in prices during the second and third weeks of August.
The weaner price, as reported by the European Commission up to August 21, is still well up on same week in 2015, however, and even slightly ahead of 2014. Nevertheless, AHDB Pork comments that the EU pig price has started to “stabilise, after three months of strong growth”.
Pricing trends for the last three months differ across the leading producing countries, however, with Germany, the Netherlands and Denmark all registering increases in this period, up by €4.90, €6.00 and €5.34 (£4.11, £5.03 & £4.48) respectively, while other member states have recorded a more gradual rise.
“The one country that is at odds with this trend is Spain, whose price has been in decline since mid-July, and is now €6.57 (£5.51) less than the peak recorded in July,” said AHDB Pork.
“Germany’s weaner price remains the highest, reaching €55.10 (£46.24) before tapering off slightly in the latest four weeks.”