SPP posts another small lift

The GB SPP lifted again in the most recent week, following a modest price rise last week. In the week ending 6 March, the GB EU-spec SPP increased by 0.66p to average 139.45p/kg. Prices for finished pigs continue to trend well below those seen last year, while feed costs remain considerably higher.

Estimated slaughter picked up markedly on the week too, by 11,600 head (7%) to total 187,700 head. A rise in the number of pigs in the higher price bands, in particular, contributed to the increase in throughput overall, helping support the SPP. Slightly fewer heavy pigs came forward, although those that did fell marginally in price (-0.09p).

Carcase weights averaged 89.95kg, slightly lighter than last week, but still more than 4kg heavier than a year ago.

The GB EU-spec APP stood at 142.80p/kg for the week ending 27 February, up 0.60p on the previous week. The gap between the APP and the SPP widened to 4.01p.

Unfortunately, there was insufficient data available to produce either a 30kg or a 7kg weaner price this week.

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