GB finished pig prices creep up again

Wednesday, 17 June 2020

By Hannah Clarke

In the week ending 13 June, the EU-spec SPP averaged 164.64p/kg, a rise of 0.19p on the week. The price is now 15.69p above the same point last year and 21.99p higher than the five-year average.

Estimated clean pig slaughter for the week totalled 160,800 head, down 1,500 head on the week before. This is the first dip in four weeks and puts slaughter at nearly 8,000 head below the same week in 2019. Reports suggest some historic production issues restricted pig throughput, but demand remains strong.

Carcase weights averaged 84.46kg, unchanged on the week, but 1.42kg heavier than the same point last year.

Meanwhile, in the week ending 6 June, the EU-spec APP averaged 167.18p/kg, up 0.24p on the week. The measure is now 16.52p above the same week in 2019. As the SPP remained unchanged in the week ending 6 June, the gap between the SPP and the APP widened to 2.73p.

Prices for 7kg weaners in the week ending 13 June averaged £43.00/head, up 47p on the week before. Prices for 30kg weaners averaged £59.84/head in the same week, up £9.10/head on the same week last year. Supplies of both weight bands were reportedly tighter this week.

Hannah Clarke

Analyst - Livestock

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