Bloomberg News

EU Weekly Hog Prices Reported Stable by ISN in Quiet Market

April 03, 2013

European Union pig prices were stable this week in a quiet market, with hogs unchanged in Germany and Spain, industry group Interessengemeinschaft der Schweinehalter Deutschlands e.V. reported.

Hog prices in Germany, the EU’s biggest producer, were 1.626 euros ($2.09) a kilogram (2.2 pounds) for a sixth week, while in Spain pigs were 1.818 euros a kilogram for a fourth week, Damme, Germany-based ISN wrote in an online report today.

Pork accounts for about half of meat consumption in the EU. Average consumption of pork in the 27-nation bloc is forecast to fall to 40.1 kilograms per person this year from 40.5 kilograms in 2012, the EU reported last month.

“The market again shows itself quiet with at the most slight price changes, and the price gauge in general moves sideways,” ISN wrote.

In France, the EU’s third-biggest pig producer, prices slipped for a second week to 1.671 euros a kilogram from 1.678 euros, while hogs were unchanged in Denmark, the Netherlands, Belgium, Austria and Ireland, according to ISN.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus