GB finished pig prices hold steady

The EU-spec SPP remained unchanged in the week ending 25 April, averaging 164.00p/kg. The price remains nearly 27p above the five-year average.

Throughputs were broadly unchanged too, falling 2,000 head on the week, to 167,000 head. This is 0.5% (800 head) higher than the same week last year, though note this week last year contained the Easter Monday bank holiday.

Industry reports suggest that markets are still functioning remarkably well despite the coronavirus outbreak, while also continuing to indicate tighter supplies. It remains to be seen how the order to keep US processing facilities open will affect the supply of US pork, which quickly turned from one of abundance, to one of forecast shortages.

Average carcase weights fell slightly on last week, losing 130g to average 85.06kg.

In the week ending 18 April, the EU-spec APP picked up, averaging 166.60p/kg. Its premium to the SPP narrowed to 2.60p.

In the week ending 25 April, 7kg weaner prices decreased by a further 19p, to average £42.58/head. There was insufficient data to publish a price for 30kg weaners.

Subscribe to receive pork market news straight to your inbox. Simply complete our online form.

While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.

All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk  © Agriculture and Horticulture Development Board. All rights reserved.