GB pig prices slip again

By Bronwyn Magee 

GB finished pig prices slipped again in the latest week. In the week ending 21 August, the EU-spec SPP fell 0.97p to stand at 159.25p/kg. This puts the measure 3.47p below the same week last year. Weaker EU prices, combined with reports of staffing difficulties at processors, are likely to be adding some downward pressure to domestic prices.

Estimated throughput declined 2.1% (3,400 head) on the previous week, standing at 160,000 head. Slaughter levels remain far below those seen last year, 16% (30,000 head) lower than the same week in 2020. The average carcase weight remained virtually unchanged on the week at 87.21kg, and 1.45kg heavier than the same point last year. Lower throughput and heavier carcase weights lend support to reports of pigs backing up on some farms, with staffing complications at some processing plants reducing throughput.

The week ending 14 August also saw the EU-spec APP drop back, losing 0.56p to stand at 164.80p/kg. This puts the series 1.47p below the corresponding week last year. The gap between the SPP and APP widened marginally to 4.58p.

Unfortunately, there was insufficient data to produce a price for either 7kg or 30kg weaners this week.

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