π©πͺ
VEZG
German Reference
1.60
EUR Β· β¬/kg SG
β 0.00
European pork prices
Everything worth knowing before the next VEZG decision
π©πͺ
VEZG
German Reference
β¬1.60
β 0.00β¬/kg SG Β· effective 19 August
52-week range β¬1.40 β β¬1.85
Next decision
Wednesday 26 August
Tomorrow
Balance of evidence
Mildly bullish
Quotation methodologies differ β carcass grading, delivery terms and units are not the same across markets β so these series are indicative and not directly comparable.
π³π±
β0.24Vion
Vion Group
1.36
EUR Β· β¬/kg
β 0.00
π³π±
β0.18DCA
Dutch Quote
1.42
EUR Β· β¬/kg
β² +0.08
π©π°
β0.68Danish Crown
Denmark
6.90
DKK Β· DKK/kg
β 0.00
πͺπΈ
Mercolleida
Spanish Market
1.29
EUR Β· β¬/kg live
β 0.00
π¨π³
China
Β₯/kg
11.86
CNY Β· Β₯/kg
β² +1.31
What is moving the price
Overall read: Mildly bullish Β· 3 bullish, 2 bearish
Dutch quotes leading
β² BullishDCA rose β¬0.08 to β¬1.42, narrowing the discount to VEZG to β¬0.18, while Vion holds β¬1.36 after its earlier β¬0.18 jump.
Slaughter supply
β² BullishMarket-ready pigs remain scarce across Germany and Europe, with processor and back-to-school demand firm (top agrar, 19 Aug).
China demand
β² BullishChina's national live-hog average rose Β₯1.31 to Β₯11.86/kg (~+12% month-on-month), supportive for export sentiment.
Momentum pausing
βΌ BearishVEZG held at β¬1.60 after two straight increases, with German market reports calling supply and demand broadly balanced again.
Danish drag
βΌ BearishDanish Crown has held DKK 6.90 (ββ¬0.92/kg, ββ¬0.68 vs VEZG) for five weeks, signalling weak northern slaughter margins.
Our call
Fair value
β¬1.62
Forecast
β¬1.60
β¬/kg SG
Confidence
65%
VEZG held its recommended base price at β¬1.60/kg SG on 19 August, pausing after a two-round climb from β¬1.50. The Dutch market kept moving: DCA rose β¬0.08 to β¬1.42, narrowing its discount to VEZG to β¬0.18, while Vion held at β¬1.36 after its earlier jump. Danish Crown left its quotation at DKK 6.90 (ββ¬0.92/kg) for a fifth consecutive week, and Mercolleida's last print (13 August) was β¬1.29/kg live. China's national live-hog average climbed to Β₯11.86/kg (ββ¬1.54), up Β₯1.31 on the month.
Market-ready pigs remain short across Germany and processor demand has held up after the holidays, but German market reports describe supply and demand as broadly balanced after the recent rally. With Dutch quotes still pulling the spread narrower, we expect Wednesday's decision to be a hold at β¬1.60, with the risk tilted toward a small increase rather than a decline.
Week by week
| Series | W27 | W28 | W29 | W30 | W31 | W32 | W33 | W34 Β· now | Ξ |
|---|---|---|---|---|---|---|---|---|---|
| π©πͺVEZG | 1.50 | 1.40 | 1.40 | 1.40 | 1.40 | 1.50 | 1.60 | 1.60 | +0.10 |
| π³π±Vion | 1.26 | 1.18 | Β· | 1.18 | 1.18 | 1.18 | 1.36 | 1.36 | +0.10 |
| π³π±DCA | 1.67 | Β· | Β· | Β· | 1.34 | 1.34 | 1.34 | 1.42 | β0.25 |
| π©π°Danish Crown | 1.11 | 0.97 | Β· | 0.92 | 0.92 | 0.92 | 0.92 | 0.92 | β0.19 |
| πͺπΈMercolleida | 1.31 | 1.31 | 1.30 | 1.29 | 1.28 | 1.28 | 1.29 | Β· | β0.02 |
| π¨π³China | Β· | Β· | Β· | Β· | Β· | 1.54 | 1.54 | Β· | 0.00 |
Your call
What will VEZG be next round?
Community consensus
No calls yet this round β be the first.
Quick converter
- Polish zΕoty Β· PLN/kg
- 6.83 zΕ
- US dollar Β· USD/lb
- $0.85
- British pound Β· GBP/kg
- Β£1.36
- Live-weight equivalent Β· Γ0.79
- β¬1.26
Indicative rates for orientation, not for settlement.
This week's publications
All times Central European (Europe/Berlin)
Mon
β
Tue
β
Wed
π©πͺVEZG12:00
π³π±Vion12:00
π³π±DCA12:00
Thu
πͺπΈMercolleida14:00
Fri
π©π°Danish Crown12:00
π¨π³ China publish irregularly.
Questions
+What is VEZG?
The weekly reference price for slaughter pigs in Germany, set by the producer association every Wednesday. Most European pork supply contracts settle against it.
+When do prices update?
VEZG decides on Wednesdays; the other markets publish Thursday and Friday. Each card shows when its source last published.
+What does /kg SG mean?
Schlachtgewicht β price per kilogram of carcass weight. Live-weight quotes price the whole animal, so they read lower.
Prices meet the marketplace
Quotations tell you where the market is. MeatBorsa is where you trade on it.