September 24, 2008

 

Germany leads downturn in EU pig prices
    
 

This week, the EU slaughter pig market continues to move downwards with Germany leading the trend.

 

Germany forced the quotation down to minus 4 cents, and fellow EU member states France, Denmark, Belgium, Austria and the Netherlands followed suit.

 

The offer for slaughter prices has seen a major failure, and German companies had built up pressure in the past week.

 

Spanish produces are struggling against the first sharp drop in prices after the traditional summer high price phase.

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