Business news from Ukraine

Pork for week fell by 4.5% – “Pig Farmers of Ukraine”

16 May , 2024  

Prices for slaughter pigs continued to decline in the second half of May and reached 55-57 UAH/kg, which is 4.5% lower than a week earlier, according to the Pig Producers of Ukraine association.

According to the report, most operators in the live market this week purchased animals in the range of 55-57 UAH/kg, although higher and lower quotes were occasionally found. The latter, in particular, mainly concern animals of high weight categories, the supply of which still puts pressure on the overall price situation.

According to experts, higher prices were observed in the western regions, while in other regions quotations tended to reach 55.5 UAH/kg. At the same time, the weighted average market price was fixed at 55.8 UAH/kg.

The expectations of meat processing representatives regarding further price dynamics differ. Thus, some procurers do not rule out further price weakness, citing sluggish sales and supply that exceeds demand. Other operators state that the volumes available for booking are quite moderate, and the average slaughter weight of animals is lower than usual. Some operators expect faster sales with the return of favorable weather conditions for picnics, the industry association explained.

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