SPP loses more ground

In the week ending 16 January, the EU-Spec SPP fell by 1.69p to average 143.05p/kg. The measure is now nearly 20p lower than a year ago. Although GB prices are among the highest in Europe, they continue to be weighed down by an oversupply of pork, and lower pig prices on the continent.

Pigs continue to be rolled from week to week, and carcase weights broke records again, increasing 270g on last week to 90.69kg. The average probe measurement was 11.5mm. Estimated slaughter in the week ending 16 January was 187,400 head, 1.5% higher than the same week last year and 3,000 head more than the previous week.

In the week ending 9 January, the EU-spec APP fell by 1.90p on the previous week to 149.23p/kg. The difference between the APP and the SPP widened to 4.49p.

Unfortunately, the samples for both 7kg and 30kg weaners were again not robust, and so no prices were published for the week ending 16 January.

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