GB finished pig prices continue down

Wednesday, 26 August 2020

In the week ending 22 August, the GB EU-spec SPP slipped 0.79p on the week to average 162.72p/kg. The measure is still around 10p above last year’s price for the same week, and is now nearly 16p above the five-year average.

Estimated slaughter at British abattoirs totalled 176,800 head during the week, down 3,600 head from the week before. This is around 7,000 head above both 2019 and the five-year average for the same week. Industry reports suggested reduced kills at various plants due to infrastructure works and staff holidays.

Carcase weights averaged 85.76kg, up 120g on the week. This is 2.31kg above the same week last year, and 3.41kg above the five-year average.

   

In the week ending 15 August, the EU-spec APP fell by 0.52p/kg to average 166.27p/kg. The measure is still around 11p above 2019 and 16p above the five-year average for the same week.

In the week ending 22 August, 7kg weaners in GB averaged £42.76/head, up 46p on the week. Demand was reportedly sluggish though, potentially as some producer focus was shifted towards harvest.

Image of staff member Hannah Clarke

Hannah Clarke

Lead Analyst (Red Meat)

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