The weighted average price of slaughter pigs rose by 2.9% over the week and settled at UAH 73.25/kg, according to the Ukrainian Pig Farmers Association (ASU).
The industry association noted that most purchase prices this week fluctuated between 73 and 74 UAH/kg. At the same time, the regional discrepancy in average indicators is currently minimal and does not exceed 1 UAH/kg.
According to market operators’ forecasts, a further increase in price to 75 UAH/kg is expected at the next auction.
“Signs of further positive dynamics include a further increase in chicken prices, as well as a gradual recovery in pork prices in EU countries. In addition, Easter coming earlier this year and improved weather conditions should contribute to a revival of market activity in the near future,” analysts explained.
At the same time, according to ASU, meat processing companies report sluggish trade and high competition for buyers, forcing some producers to lower prices to stimulate sales.
