In the week ended 24 March, EU-spec SPP prices reported of average of 145.37p/kg, by 0.03p higher than the previous week. Still, compared to the corresponding period from 2017, latest pig prices are 6p behind, according to the Agriculture and Horticulture Development Board (AHDB).
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AHDB trainee analyst Abigail Schofield says estimated slaughterings for the most recent week totalled 186,300 head.
Although this is a slight decline of 3% on the week, it was 9% ahead of year earlier levels and is contributing to the depressed price compared to last year.
Carcase weights recorded a 900g dip on the week, averaging at 83.56kg. This is around 300g below the equivalent week last year and will have offset some of the increase in supply.
