GB finished prices continue to move up marginally

By Felicity Rusk

In the week ending 16 May, the EU-spec SPP continued its slight upwards trajectory. Prices increased by 0.04p on the week, to average 164.34p/kg. This puts prices 19.9p above the same week last year.

Estimated slaughter totalled 159,400 head, only 0.7% (1,100 head) more than in the previous week. Throughputs were down in the previous week due to the early May holiday, and so some processors worked a reduced week. However, reports indicate deep cleaning following an outbreak of COVID-19 also disrupted throughput at one major processor in the most recent week. Furthermore, supplies of pigs tend to reduce seasonally at this time of year.

Market conditions were reportedly very similar to the previous week, with good demand in relation to supplies.

Carcase weights were slightly lighter than in the previous week (-70g), averaging at 84.91kg.

In the week ending 9 May, the EU-spec APP also recorded an increase. Prices increased by 0.20p to average 167.27p/kg. With the SPP increasing by slightly more in the same week, the difference between the two measures narrowed to 2.97p.

Weaner prices moved down in the week ending 16 May. Prices for 7kg weaners fell by 83p on the week, to average £41.81/head. Meanwhile, prices for 30kg weaners also fell on the week, to £57.83/head. Reports suggest that supplies of both weight categories were good.

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.