GB pig prices continue rising

Wednesday, 19 May 2021

Despite some recent price stability in European markets, and even a little softness, GB pig prices continue to rise. In the week ending 15 May, the EU-spec SPP rose by 1.76p, to average 150.51p/kg. Although this brings the measure to within 14p of where it was a year ago, and more than 4p above the five-year average, feed prices continue to make profitability near impossible for many.

Carcase weights averaged 86.76kg, 240g lighter than the previous week, but still 1.85kg heavier than this time last year.

Estimated throughput totalled 192,500 head, up 3,600 head week-on-week. Reports suggest abattoirs are struggling with labour availability, although this does not yet appear to bring problems moving pigs.

In the week ending 8 May, the EU-spec APP averaged 152.20p/kg, up by 1.62p on the price in the previous week. The gap between the SPP and the APP widened to 3.45p.

Unfortunately, we were unable to publish a price for 7kg or 30kg weaners this week.

 

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