GB pig prices rise further

The EU-Spec SPP rose again, by 1.88p to 184.98p/kg in the week ending 18 June. It almost goes without saying that this average market price is still below the estimated cost of production.

Estimated slaughter in the week was 169,500 head, 3,500 lower than the week before. This brings the number of clean pigs killed this year to an estimated 4.3 million, 1% higher than a year ago.

Carcase weights averaged 89.82kg, nearly 400g lighter than last week, but still 3.5 kg heavier than a year ago.

The EU-spec APP increased by 0.55p to 189.14p/kg in the week ending 11 June, bringing the difference between the two series to 6.04p, narrower than the week before.

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