Current ZMP market trends
The meat wholesale markets were characterized by declining sales of beef due to subdued demand. However, since the beef supply was not urgent, the prices at the individual levels of trade changed little. At the slaughterhouse level, the development was slightly inconsistent. Cows for slaughter were only very scarce in the whole of Germany. The slaughterhouses therefore had to increase their payout prices, in some cases significantly, in order to stimulate the producers' willingness to sell. Due to the limited marketing opportunities for young bull meat, the slaughterhouses were more reluctant to price male slaughter cattle. If the supply was not too plentiful, the prices mostly held up. The federal funding for young bulls in class R3 rose by two cents to 2,54 euros per kilogram of slaughter weight, while that for slaughter cows 03 increased by five cents to 1,71 euros per kilogram. Local companies in France were able to enforce price surcharges in the mail order business with cow meat. In contrast, business with the southern European countries was more restrained. - In the coming week, beef prices are likely to remain stable to firm, as the continued limited supply due to stock purchases for the Easter business is likely to meet increasing demand. - The entire range of veal was requested very quickly, with the catering industry in particular showing demand. As in the previous week, the providers received EUR 4,36 per kilogram of slaughter weight for lump-sum slaughtered calves. - The prices for farm calves held their ground with slightly increased demand.