Mintec proposes to change the methodology of its BW56 and BW19 MBPs

All Market Notes 07 January 2022

Mintec proposes to change the methodology of two of its Mintec Benchmark Prices BW56 (Pig Deadweight Grade S EXW European Union) and BW19 (Pig Deadweight Grade E EXW European Union), and is soliciting feedback until Friday, 14 January 2022.

The proposed methodology change would include prices for the Netherlands, Denmark and Belgium in the calculation of the European pork Grade S & E baskets. Mintec believes that this change would bring wider coverage of the European pork market to the industry.

This methodology change would take effect on Tuesday, 25 January 2022. 

Full details of the current methodology can be found in the Mintec Assessment Specifications Guide available here.

Please send any feedback about this proposal to methodology@mintecglobal.com by Friday 14 January, clearly state which market note your comments relate to, and if comments are intended for publication by Mintec.

Mintec will acknowledge receipt of all comments by email.