Jump in GB finished pig prices

Wednesday, 5 May 2021

In the week ending 1 May, the GB EU-spec SPP jumped by 2.34p on the week to average 147.44p/kg. This is the largest week-on-week growth recorded since August 2016, and puts the measure 16.61p behind the price recorded for the same week in 2020.

Estimated clean pig slaughter at GB abattoirs totalled 177,700 head for the week, up 0.4% from the week before and up 2% on the same week a year ago. 

Average carcase weights stood at 87.26kg, 130g heavier on the week before. This is the first week-on-week rise in carcase weights since mid-February. Average weights are now 2.10kg heavier year-on-year.

In the week ending 24 April, the GB EU-spec APP rose by 0.81p to average 148.68p/kg. This narrowed the gap between the SPP and APP for that week to 3.58p/kg.

  

Unfortunately, we were unable to report prices for both 30kg and 7kg weaners this week, as the samples were not statistically robust.

Image of staff member Hannah Clarke

Hannah Clarke

Lead Analyst (Red Meat)

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