Purchasing prices for pork remained relatively stable at the beginning of June, at 92-94 UAH/ton, according to the Ukrainian Pig Farmers Association (ASU) based on the results of its weekly monitoring of purchasing prices.
“The first summer trades ended with stable quotations for most operators or a slight correction of 0.5-1 UAH/kg for some market players. Therefore, prices for live pigs this week mostly fluctuated within the range of 92-94 UAH/kg, although there were both higher and lower offers. The latter, in particular, concern the sale of animals in poor condition,” the analysts explained.
According to their information, thanks to positive price changes in the east and south, where the shortage of live cattle is more acute, the average market price stood at 92.8 UAH/kg, which is 0.3% higher than a week earlier.
At the same time, experts noted that the green holidays passed almost unnoticed for the meat market. Therefore, meat processors do not expect a surge in consumer activity in the near future. Some of them hope that improved weather conditions and the approaching holiday season will revive trade and prevent refusals/returns at the final stage of sales.
At the same time, processors are preparing for increased pressure from seasonal factors on pork supply. Although the feedback and mood of processing companies currently vary, most tend to believe that purchase prices at upcoming auctions will remain unchanged, as consistently low sales are offset by a modest supply of live pigs, the industry association concluded.