SPP continues to weaken

In the week ended 4 December, the EU-spec SPP fell again, by 0.72p, to 142.84p/kg. This puts the measure 8.2p below where it was at the same time last year, meanwhile feed prices have strengthened significantly, damaging profitability.

Estimated slaughter for the week was 193,800 head. This was higher than last week’s figure by around 7,900 head, but 3,700 head lower than during the equivalent week last year. Reports suggest there was a further increase in the number of abattoirs undertaking a Saturday kill, with Christmas throughputs now well under way.

The average carcase weight fell slightly compared to the previous week, to 91.88kg.

Unfortunately, there was insufficient data available to produce a 7kg or 30kg weaner price this week. However, for the week ending 27 November, the EU-spec APP fell by 0.99p to 149.22p/kg. The gap between the two price series narrowed to 5.66p.

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