Pig prices edge up again

Wednesday, 4 May 2022

The EU-Spec SPP increased by 1.91p/kg in the week ending 30 April, taking it to 166.83p/kg. In a similar trend to pig prices in the EU, price movements, although still positive have themselves been lessening in recent weeks. This is despite some public statements by some retailers that they are putting more money into the price to support producers.

GB estimated pig slaughter was 195,600 in the week ending 30 April, 7,000 head more than the previous, shorter week. Carcase weights averaged 92.29kg, 500g lighter than in the previous week, although pigs in the heaviest weight band still made up more than 10% of the SPP sample.

Table showing GB pig prices

In the week ending 23 April, the EU-Spec APP rose by 3.76p to 171.59p/kg, meaning that the gap between it, and the SPP in the same week widened to 6.67p.

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