Pig prices rise across the board

By Hannah Clarke

During the week ending 23 May, the EU-spec SPP rose again, up 0.17p on the week to average 164.51p/kg. The price is now 19.17p above the same week last year.

Slaughter for the week was estimated to be 163,000 head, up 3,600 head (2%) on the week. Reports suggest that demand was good during the week leading up to the bank holiday, and coronavirus staffing issues in some plants had a limited impact on overall throughputs.

Carcase weights averaged 85.01kg, 100g heavier than the week before and a substantial 1.77kg above year earlier levels. The heavy weights may partly reflect the fact there had been some disruption to throughput in previous weeks, leading to pigs being rolled.

The EU-spec APP also continued upwards, with the price for the week ending 16 May averaging 167.63p/kg, up 0.36p on the week. The greater weekly rise in the APP widened the premium from the SPP to 3.29p.

Weaner prices also rose in the week ending 23 May, as demand improved. Prices for 7kg weaners rose £1.05 to average £42.86/head, while 30kg weaner prices rose £2.09 to average £59.92/head.

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