The combination of high demand and limited supply should boost slaughter prices in Europe, according to the UK’s largest pig cooperative, Thames Valley Cambac (TVC).
A short working week of Easter holyday before, which is celebrated on April 4 in most European countries, will also help revive the market.
Last week, slaughter pig prices in most EU countries were relatively stable. The exception was Spain, where the upward trend continues. During the week, quotations there increased by another 6 eurocents.
The average purchase price of pork in the EU for the week increased by only 0.35%. However, before the holidays the situation will change.
In the UK, the market situation was stable, but bacon rose in price by almost 1%. Currently, the average purchase price of bacon in the country is 1.41 pounds per kilogram.