Business news from Ukraine

Pork prices in Ukraine went up by 4.5-6%

15 March , 2024  

Purchase prices for slaughter pigs in mid-March increased by 4.5-6%, according to the Pig Producers of Ukraine industry association.

“Following the results of last Friday’s trading, operators revised the selling prices of live pigs by an average of 4.5-6% upward. Thus, in all regions of the country, most commercial batches of cuttings this week are purchased at 65-66 UAH/kg, although there are occasional price offers at the level of 67 UAH/kg. The weighted average market price stopped at 65.4 UAH/kg, which is 4.7% higher than the previous week,” analysts said.

As added in the association, the opinions of operators on further price dynamics are typically different. Some meat processors expect a change in the vector of price movement, stating sluggish sales, unfavorable weather conditions for more active consumption and the beginning of the pre-Easter fast. A number of others, on the contrary, note relatively even sales, so they do not expect a significant change in prices.

“We are not talking about a surplus of conditioned pork yet: in some places, there is information about an active supply of large animals from the population and/or small situational farmers, but in terms of volume and quality, according to a number of procurers, such a supply does not compete with industrial pork,” the industry association summarized.