Markets and prices

Beef and lamb

Beef and lamb

Cereals and oilseeds

Dairy

Pork

Potatoes



Latest news

Trade data from the world’s biggest beef exporters, show year on year increases in volumes, but at falling prices.

Global wheat prices declined last week after Russian consultancy IKAR increased its forecast for the Russian crop from 76.5Mt to 78.0Mt last Monday (27 Jul).

China has upped its protein imports since an outbreak of African Swine Fever (ASF) last year, but what effect has this had on farmgate prices around the world?

Ex-farm feed wheat prices steadily increased week-on-week throughout July.

Domestic wheat prices will be more exposed to global fundamentals this season following the hefty decline to UK wheat production estimates. We are likely to sit closer to import parity levels.

During the week ending 29 July the GB liveweight NSL SQQ increased 7.3p week-on-week, to 224.36p/kg. With prices at these high levels the key question on many minds is where will they go next? Some reports have suggested August could bring a return to more normal trade.

Hide and skin prices have been under long-term pressure, and it’s only been increasing since the beginning of the COVID-19 pandemic. Over the past seven years hide prices have fallen by almost two thirds.

Cow prices have been rallying across Europe in recent weeks. However, unlike the UK, most major countries are still pricing cows below year-earlier levels.

In the week ending 25 July, the EU-spec SPP slipped by 0.43p on the week to average 165.18p/kg.

In the w/e 25 July, the GB all-prime and cull cow average deadweight prices totalled 361.9p/kg and 263.6p/kg, respectively.

Continuing a strong start to 2020, EU fresh/frozen pork exports were up on the year again in May.

Chinese prices for liveweight pigs have been moving up since mid-May, supported by a lack of market-ready pigs.

Steak is now taking a larger share of the market

The OECD and FAO have jointly published the latest report on the World Agricultural Outlook for 2020-2029.

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