UK

Steady pig prices in UK in week ended 10 March

Pork

Last week, the EU-spec SPP was stable on the week, rising by a modest 0.05p to 145.71p/kg. The price stood 4p below year earlier levels when, in the equivalent week last year, prices were rising, according to the Agriculture and Horticulture Development Board (AHDB).

Posted on Mar 16 ,07:00

 

Abigail Schofield, trainee analyst at AHDB, said estimated slaughterings were up 11% on the year at 178,700 head. Estimated slaughterings were also 10% ahead on the week, which is to be expected, according to Schofield, given the bad weather conditions of the previous week. "Also likely related to the poor weather conditions, average carcase weights dropped 340g on the week to 83.94kg. This was also 230g below year earlier levels," added Schofield.

The EU-spec APP in the week ended 3 March fell 0.17p on the week to 148.58p/kg. With the SPP remaining steady and the APP decreasing the gap between the two price series has narrowed slightly to 2.92p/kg.

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