Mercedes Vega, Common Director for Spain, Italy & Portugal
After seventeen weeks keeping up the perfect price of the marketplace in Spain, 2.03 €/kg, the cost of are living beef has been falling week by way of week, to at least one.96 €/kg. It’s nonetheless an overly prime price, round €2, however already downwards.
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Even if the weights are nonetheless prime, they’re additionally shedding. Take into account that we’re in summer time, and the warmth waves had been very robust all the way through Spain. Even with that, they’re prime, 110.37 kg are living weight.
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The cost of piglet with its drop in Spain and the Netherlands has been the one who has introduced down the cost of pig.
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This displays that the fee used to be unsustainable as the provision isn’t very prime, however nor is the call for.
Supply Mercolleida
The location may be very difficult, we’re on the deadlock of the top of the summer time and we have no idea what’s going to occur:
- The processing rooms can cut back manufacturing days, however once the holiday season is over they have got to return to a minimal so that you could take care of prices. Until there are structural discounts of their capability to conform to the brand new scenario, to not the provision of pigs however to the call for for meat.
- Provide is low however call for within the EU isn’t prone to build up both.
- Extra meat on the value it’s bought gives no incentive to freeze, forcing extra to be bought contemporary.
- EU home intake isn’t pulling.
- Overseas call for isn’t serving to.
The structural adjustments that the Beef Sector has passed through in Spain, with manufacturing in fewer and less fingers and verticalized. Within the EU, with an overly vital lower in manufacturing and an way over packing plant puts. This provides us a brand new viewpoint this is tricky to understand what’s going to occur for the remainder of the 12 months.