Pig prices inch up again

Wednesday, 1 April 2020

The EU-spec SPP rose slightly in the week ending 28 March, by 0.24p to average 163.39p/kg. The supply chain appears to be coping well with coronavirus, as well as the dramatic shift in demand away from foodservice and into supermarkets. Although some abattoirs are reporting reduced staff availability, as is almost every sector, killing has so far remained largely unaffected.

Estimated slaughter in the week was 183,000 head, only slightly lower (2,300 head) than last week’s figure. Carcase weights fell by 530g to average 85.17kg.

 

 

In the week ending 21 March, the EU-spec APP averaged 165.47p/kg, 0.21p higher than in the previous week. This meant the gap between the APP and the SPP widened to 2.32p.

In the week ending 28 March, 7kg weaner prices rose by 11p on the week to average £42.68/head. Prices are now nearly £7.50 higher than last year’s prices. Unlike last week, it was possible to publish a 30kg weaner price, at £61.72/head.

Image of staff member Duncan Wyatt

Duncan Wyatt

Lead Analyst - Red Meat

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