Wednesday, 5 August 2020
In the week ending 1 August, the GB EU-spec SPP fell again, by half a penny on the week to average 164.68p/kg. The price is still 11.88p above last year’s price for the same week.
Estimated slaughter at GB abattoirs rose 2,600 head on the week to total 159,400 head. This is 11,000 head lower than the same week last year. Throughputs of heavier pigs were relatively unchanged on the week, suggesting a ‘real’ price fall, which affected most weight bands in the sample.
Carcase weights averaged 85.78kg, a rise of 70g on the week. Industry reports suggest that good growth rates and some rolling of pigs over weeks are contributing to heavier weights. Supply is reportedly plentiful for demand at present.
In the week ending 25 July, the GB EU-spec APP fell by 0.38p on the week to average 168.07p. The price is now 12.32p above last year’s price for the same week.
In the week ending 1 August, 30kg weaners averaged £59.43/head, down 65p on the week. Industry reports suggest that supplies continue to improve, but demand is not rising to match it.