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.
In the week ending 8 May, the EU-spec SPP gained on the previous week by 1.31p, to average 148.75p/kg. This puts the measure 15.55p below where it was at the same point last year but 3.23p above the five-year average. Looking globally, prices in the US have had strong growth recently whilst EU pig prices have stabilised during the last month.
Carcase weights averaged 87kg, 260g lighter than the previous week, however still 2.02kg heavier than this time last year. This is the lightest weekly average carcase weight since October 2020.
Estimated throughput totalled 172,800 head, down 4,900 head (2.8%) week-on-week. This is partly due to the Bank holiday reducing killing days for some abattoirs. Throughput was still a substantial 15% higher than during the week last year
In the week ending 1 May, the EU-spec APP averaged 150.58p/kg, up by 1.90p on the previous week. This narrowed the gap between the SPP and the APP to 3.14p, this is now the closest the two prices have been since January.
In February 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.
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