GB deadweight pig prices (UK spec)
The APP (All Pig Price) is the GB average deadweight pig price achieved by producers each week. The SPP (Standard Pig Price) is the average price for GB standard pigs, those that have not received a premium for the production system, feed regime or breed. The prices are collected from voluntary surveys. These prices are for carcases dressed to UK specification.
- UK-spec SPP ↓0.05p to 161.54p/kg (w/e 30 May)
- Estimated slaughter ↑ to 169,300 head (w/e 30 May)
- UK-spec APP ↓0.29p to 164.38p/kg (w/e 23 May)
In the week ending 30 May, the UK-spec SPP paused its upward movement. Although the fall was relatively minor, at 0.05p, this is the first decline since early April. The price averaged 161.54p/kg, over 18p above the same week last year. However, this time last year was when pig prices started to rise considerably, and so the year-on-year change has continued to erode.
Despite this week containing the Whitsun bank holiday, estimated slaughter continued to rise, totalling 169,300 head, 3.8% (6,300 head) more than in the previous week. This puts throughputs slightly below last year (-1,300 head). Reports continue to suggest that supplies are tight at present.
Demand was reported as good, likely supported by the dry weather encouraging BBQs. Our weekly retail tracker showed that in the week ending 24 May, sales of primary pork, bacon and sausages continued to show strong retail growth.
Carcase weights were on average 220g lighter than in the previous week, at 86.25kg.
In the week ending 23 May, the UK-spec APP fell by 0.29p, to average 164.38p/kg. With the SPP moving in the opposite direction in the same week, the difference between the two narrowed to 2.79p.
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