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The Austrian and wider European pig market remains weak, with high animal numbers, weak meat demand and export difficulties. Base prices for fattening pigs stay unchanged at EUR 1.35 per kg, and German markets are stabilising slowly.
Oversupply of pigs and weak export demand point to flat-to-lower European hog prices and reduced feed demand from producers. The impact on feed ingredient prices is modest.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.