Poland - Pig prices increased during the first half of 2009 following a reduction in the pig production

With a decreased domestic supply caused by a slump in the output of pigs, a significant increase in the prices of pigs for slaughter was observed. On average, in the 1st half of 2009, the price of 1 kg of pigs for slaughter was higher than in the corresponding period of the previous year both in procurement and in marketplaces (by 27.8% and 20.7%, respectively). An increase in profitability of pig production and a limited supply of piglets contributed to a rise in their prices. In the period January-June 2009, one piglet was, on average, twice as expensive as in the previous year.
Monday 30 November 2009 (8 years 2 months 21 days ago)
With a decreased domestic supply caused by a slump in the output of pigs, a significant increase in the prices of pigs for slaughter was observed. On average, in the 1st half of 2009, the price of 1 kg of pigs for slaughter was higher than in the corresponding period of the previous year both in procurement and in marketplaces (by 27.8% and 20.7%, respectively). An increase in profitability of pig production and a limited supply of piglets contributed to a rise in their prices. In the period January-June 2009, one piglet was, on average, twice as expensive as in the previous year.

At the end of March 2009, the livestock of pigs came to 13.3 mln heads. Such a small number pigs of heads had not been recorded since 1970. The reduction in the livestock of pigs occurred in every utility-weight group. The number of sows for breeding diminished to 1 350 thous., of which sows in farrow to approx. 890 thous., i.e. in relation to the previous year by 5.2% and 3.0% fewer, respectively. There were by 14.5% fewer piglets, 16.5% – young pigs, and by 17.9% fewer pigs for fattening. As a result of a gradual increase in the profitability of pig production in all utility-weight groups since December 2008, the decline pace in the livestock of pigs decreased in comparison with the results of a survey conducted in November in the previous year. The decline rate was most reduced in the basic herd of sows, of which sows in farrow, which proved that producers had taken measures to reconstruct the herd. A significant drop in the domestic supply of pigs for slaughter resulted in forming of their prices on the high level, that hasn’t as of yet been noted. In June 2009, 1 kg of pigs for slaughter cost more than the previous year (by 17.5% more in procurement, and 11.6% in marketplaces). The procurement prices of pigs for slaughter were by 12.5% higher than in marketplaces – by 10.3% compared with the data from December of the previous year. In the 1st half of 2009, the factors determining the profitability of pig production were favourable to producers. The relation between the procurement prices of pigs and rye prices in marketplaces amounted to 11.1 (as opposed to 5.5 in the previous year). As a result of a reduction in the supply of piglets for further breeding caused by a deep drop in the livestock of sows, as well as a considerable increase in the profitability of pig production, there was a further growth in the prices of piglets in marketplaces. In June 2009, one piglet for breeding cost approx. PLN 187, i.e. by 88.5% more than the previous year. The prices of piglets went up by 28.0% compared with December last year.

http://www.stat.gov.pl/cps/rde/xbcr/gus/PUBL_as_poland_quarterly_statistics_2_2009.pdf

Swine news

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.

Access restricted to 333 users. In order to post a comment you must be logged in.

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here

tags

Swine News

Swine industry news in your email

You are not subscribed to this list

16-Feb-201809-Feb-201802-Feb-201826-Jan-2018

Log in and sign up on the list

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here