Overview

• Discount supermarkets recorded a 9–12 percent jump in early-July prices for grill products, pushing 400-gram packs of minutes steak to €3.79, coarse pork bratwurst to €2.89 and 550-gram chicken schnitzel to €6.26.
• Meat and meat product prices were about 31.7 percent higher in June than in 2020, with poultry up more than 45 percent and minced beef up over 68 percent, driven by inflation, energy costs, feed prices and higher wages.
• Pig producers saw slaughter prices drop by €0.15 to €1.95 per kilogram of carcass weight, plunging below the roughly €2.10 breakeven point and squeezing farm profitability.
• A survey by the Interessengemeinschaft der Schweinehalter Deutschlands found that only 65 percent of pig fatteners and 56 percent of sow holders plan to continue raising pigs over the next ten years.
• Beef supplies are tightening as regulatory and economic pressures push cattle farmers out of the market, while domestic poultry output has doubled since 2000 and is helping to fill the gap.