GB deadweight pig prices (EU spec)
The APP (All Pig Price) is the GB average deadweight pig price achieved by producers each week. The SPP (Standard Pig Price) is the average price for GB standard pigs, those that have not received a premium for the production system, feed regime or breed. The prices are collected from voluntary surveys. These prices are for carcases dressed to EU specification.
The EU-spec SPP continued to climb in the week ended 10 July, gaining 0.92p to average 159.88p/kg. The current quote is the highest since last September, but still around 5.5p lower than the same point last year. Robust domestic demand at retail level has helped support the British price, while live pig supplies have declined compared to earlier in the year. The ongoing price rises come despite recent weakening in the EU pig market and a declining outlook for Asian demand.
Estimated slaughter fell by 2% on the previous week to 175,100 head. This was still 2% higher than last year. Slaughter has now been above year earlier levels for 21 consecutive weeks, but the annual growth has narrowed recently. This week’s slaughter estimate was also the lowest since January, indicating the lower supplies currently available. The average carcase weight was similar to the previous week (+0.09kg) at 86.13kg, which is 1.13kg higher than this point last year.
The EU-spec APP also increased again in the week ended 3 July, rising by 1.49p to 163.47p/kg. This widened the gap between the APP and the SPP to 4.51p, which is the widest gap since March.
In April 2020 the weight bands we publish were amended. This report below provides some historical figures for comparison purposes. Data by weight band is published on a weekly basis in our SPP full report. Please note there are minimum thresholds for publication to ensure our prices are as robust as possible and comply with competition law guidance. There is a requirement for there to be at least five companies contributing to each price point in the SPP and APP with no company accounting for more than 50% or 60% respectively. On occasions therefore a full breakdown of weekly prices and throughputs by weight band and prices by lean meat % may not be available.
While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.