Business news from Ukraine

Business news from Ukraine

Prices for slaughter pigs decreased by 6.5% – Pig Producers of Ukraine

18 October , 2024  

As of October 17, 2024, prices for slaughter pigs decreased by 6.5% compared to a week earlier, according to the industry association Pig Producers of Ukraine.
“The negative price dynamics that began at the end of the first decade of October continued in the middle of the month. Thus, according to the results of last week’s auction, most commercial batches of live pigs were sold at 53-55 UAH/kg. Although in some places there were offers at both higher and lower prices by 1 UAH/kg, the weighted average market price was 55 UAH/kg. This is 3.8 UAH/kg, or 6.5%, lower than a week earlier,” analysts said.
One of the main factors that, according to some procurers, affected the price situation was seasonal fluctuations in supply and demand. Thus, traditionally, with the decrease in temperatures, the growth rate of live weight of pigs has recovered, and consumer activity is somewhat reduced with the seasonal reorientation to alternative types of protein (mushrooms, fish, poultry) and preparation for the heating season.
Other operators, on the other hand, state that trade is relatively stable and planned, so they see no prerequisites for lower prices, although most of them avoid predicting further price fluctuations until the active phase of trading begins.