Current ZMP market trends
Livestock and Meat
In the second week of August, beef trading at the wholesale markets was somewhat quieter than in the previous week. The prices for sides of beef hardly changed and only the finest pan-fried items were constantly in demand. There was a tight supply of cows for slaughter, young bulls were for sale regionally a little more than in the previous week; however, there was no change in the payout prices for either female or male slaughter cattle. According to a preliminary overview, young bulls of the meat trading class R3 brought in a weekly average of 2,58 euros per kilogram slaughter weight. The quotations for slaughter cows in the trade class O3 remained at 2,07 euros per kilogram slaughter weight. When exporting to neighboring countries, roast beef from young bulls and processed goods could be marketed somewhat better. Prices mostly remained at the previous week's level, only in some cases slightly firmer demands could be pushed through. If the demand for beef does not receive any impulses in the coming week, the prices for young bulls should at best hold their ground at the same level. The prices for slaughter cows are expected to remain stable. Veal was steadily being marketed on the Hamburg wholesale market, while business was rather quiet on the Berlin wholesale market. The prices hardly changed compared to the previous week. On the veal slaughter market, supply and demand were largely balanced. After the slight price reductions of the past week, the quotations remained at the same level.- Demand for livestock calves was weaker and the prices tended downwards.
In the case of pork, the situation at wholesale markets has hardly changed compared to the previous week. Prices for ham continued to be under pressure, while trade in shoulders and chops was on a stable price basis. Prices for slaughter pigs tended to firm towards the end of the second week of August; buyers were easily found for the scarce supply of slaughter pigs. Pigs in meat trading class E brought in a weekly average of 1,55 euros per kilogram of slaughter weight.- The supply of slaughter pigs should not be in demand in the coming week either, and prices will therefore remain at least at the same level.- On the piglet market, there was quiet demand and a good supply , so that the piglet prices largely held their own.
Eggs and poultry
The situation on the egg market remains weak. The supply is too big for the quiet demand, especially in the L and M weight classes there are overhangs. Despite the already very low level, the prices have continued to fall. There are currently no surpluses on the poultry market, and the prices for barbecue items have been raised in some cases. During the barbecue season, mainly fresh cuts of chicken and turkey breast are bought.
milk and milkproducts
The milk delivery is still below the previous year's level and is declining as before. Sales of drinking milk and fresh milk products have increased significantly due to the hot temperatures of the past few days. The demand on the German butter market is calm. Prices have not changed for either packaged butter or block butter. In the north, where the holidays are already coming to an end, packaged butter is likely to be in demand again in the coming weeks. The situation at the cheese market is stable and despite the summer holidays, semi-hard cheese is still in high demand. With just enough supply, slight price increases were pushed through last week. The situation on the market for skimmed milk powder is calm. Fixed prices continue to be achieved, since the quiet demand is matched by only a small supply.
Cereals and feed
The midsummer weather has so far favored the course of the grain harvest everywhere. South of the Rhine / Main line, a large part of the crop was brought in dry; further north, the combine harvesters are mainly still operating in the wheat fields. Selling pressure is rated as surprisingly moderate. The wheat supply is well developed in regions where the harvest is now well advanced or has ended. The mills stock up on new raw materials without haste, because they still have enough stocks and want to wait for the falling prices. However, the producers hardly offer A and E wheat at the moment anyway and store it temporarily for the time being. Rye has a high proportion of bread products. Despite the price uncertainty, the producers are marketing quickly because rye is given the least chance of a price recovery in the medium term. The winter barley harvest is largely complete nationwide; now the farmers are still looking for buyers for the many goods. In day-to-day business, the prices for feed barley are falling, while lots for later delivery dates are valued somewhat more firmly. The triticale harvest is extensive. There is also a plentiful supply of malting barley, of which significantly fewer goods are under contract than in previous years. The price pressure is continuing, especially since winter malting barley should also bring a good harvest result. Prices for new-harvest rapeseed have fallen again compared to the previous week. The buying interest of the oil mills is currently concentrated primarily on the autumn dates. Despite the delay in the grain harvest, the prices for most compound feeds fell at the beginning of the month and will probably continue to do so in the coming weeks. Demand is waning on the oil meal markets; the prices for soybean meal rose slightly and those for rapeseed meal recently showed a downward trend.
potatoes
The early potato season ended in the second week of August and ended with the lowest price level in over ten years: EUR 6,19 per quintal offers a weak start for the autumn business that is just beginning. The processing plants are currently sufficiently stocked with contractual raw materials, so that free goods can hardly be sold there. The prices can barely keep their previous level.
Source: Bonn [ZmP]
