Prices for slaughter pigs in the second half of January stabilized at UAH 74.25, which is 0.1% higher than a week earlier, according to the Pig Producers of Ukraine (PUA), based on the results of weekly monitoring.
“Quotations on the live market for the second week in a row are at the level of 74-75 UAH/kg in all regions. Thus, in the course of trading, a number of operators revised prices by 0.5-1 UAH/kg both downward and upward, but mostly the prices for the purchase of cuttings remained at the level of last week. Both higher and lower price offers are recorded sporadically, and the deviation from the mentioned range does not exceed 1 UAH/kg,” analysts explained.
The association’s experts cited information from representatives of the meat processing industry, who note a weakening in sales through all channels, but express hope for a revival at the beginning of the new month.
The majority of both producers and processors state that the supply of live pigs remains limited. At the same time, some procurers believe that this factor is not enough to maintain the current price level at future auctions, so they expect a 2-3 UAH/kg reduction, the industry association states.
At the same time, the USBA doubts that lower prices will be able to revive pork sales, facilitate the sale of more expensive residues or counteract dumping in the pork market, which has already manifested itself amid fierce competition between suppliers. Therefore, a number of players do not rule out further stabilization of quotations.
