UK

Recovery of EU pig prices in December

Pork

EU deadweight pig prices for December (five weeks ending 1 January) averaged 177.54p/kg, informs AHDB. This is an increase of 3.1% (5.35p/kg) on prices seen in November (four-week period ending 27 November).

Posted on Jan 15 ,03:00

Recovery of EU pig prices in December

Within this overall uplift there was price variability across the key producing regions. Germany, the Netherlands and Denmark reported increased prices, while France and Spain reported a softening of prices. Germany saw the largest price increase during the five-week period, up an average of 7.7p/kg (4.4%). In comparison, France saw the largest decline, down an average of 4.0p (2.3%).
Continental prices continued to remain below UK prices during the five-week period, with UK pigs averaging 25.36p/kg more than the average EU-27 price.


The EU medium term outlook is anticipating the pig meat prices will remain contained after the price spikes seen in 2022. EU consumption is anticipated to ease by 4% over the next 10 years, and production to reduce by 1% per year. With adjustments to production, and potential for further ASF outbreaks in Asia, whilst prices are anticipated to ease, this could be at a slower rate than initially predicted.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

UK

AHDB: Spend on beef products increased, while spend on lamb and pork decreased

Total primary beef volumes saw a 1.6% increase this period.  Mince saw a 2.5% increase in vo...


Read more Read more
GERMANY

Record sales for the VW currywurst in 2024

After the Volkswagen Group banned meat from its main canteen in Wolfsburg four years ago, meat-ba...


Read more Read more
BRAZIL

Brazil: Pork shipments grow 17 percent in February

In terms of revenue, there was growth of 32.6%, with US$ 272.9 million in February of this year, ...


Read more Read more
Websolutions by Angular Software and SpiderClass