GB finished pig prices move lower

Wednesday, 1 September 2021

In the week ending 28 August, the EU-spec SPP slipped a further 0.55p to average 158.70p/kg. This puts the measure 3.68p below the price for the same week a year ago, but 5.69p above the five-year average.

Estimated slaughter of finished pigs at GB abattoirs totalled 158,300 head for the week, 1% lower than the week before and 13% below the same week a year ago. Pig carcases weighed 88.40kg on average for the week, 1.19kg heavier than the week before, and 3.20kg heavier compared to a year ago. These figures support reports of continued backlog issues in the supply chain, with labour issues causing reduced abattoir throughput.

In the week ending 21 August, the EU-spec APP slipped 0.10p on the week before to average 164.70p/kg, putting the measure 1.21p behind the price for the same week a year ago. In the same week (w/e 21 Aug), the EU-spec SPP fell by a greater amount, and so the gap between the SPP and APP widened.

Image of staff member Hannah Clarke

Hannah Clarke

Senior Analyst (Red Meat)

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