News
This section contains a range of articles providing the latest news, commentary and analysis of the pig market in the UK, EU and globally.
EU pig production remains up year-on-year
13 February 2019
According to the latest figures published by Eurostat, EU pig meat production rose 2% year-on-year in November to total just under 2.1 million tonnes.
EU pork export prospects in Japan receive a boost
13 February 2019
The EU recently signed a trade agreement with Japan, enabling its members to benefit from lower duties on some pork products, including frozen pork and ground seasoned pork (GSP), from April 2019.
GB pig prices continue downwards
13 February 2019
The EU-spec SPP continued on a downward trajectory in the week ended 9 February, back 0.41p to average 137.74p/kg. The current price is around 8p lower than the same week of 2018. Industry reports suggest that supply could become tighter in the coming months which could relieve some pressure on the price.
Small fall in Danish pig herd
13 February 2019
The latest figures published by Statistics Denmark show that the overall pig population on 1 January declined by 1.5% compared with the start of 2018. The total stood at 12.6 million head. This was also nearly 3% down on the final quarter of last year, although the pig population usually records a seasonal decline towards the end of the year.
EU pig prices remain flat in the New Year
11 February 2019
EU pig prices have remained relatively flat in the first few weeks of the New Year. The EU average reference price for the week ending 3 February stood at €133.98/100kg, just 50 cents below four weeks ago.
GB pig prices slide again
06 February 2019
The EU-spec SPP returned to decline in the week ended 2 February, at 138.15p/kg. This was a week-on-week change of 0.56p/kg. This week’s price is now down 12p from last year’s peak, and nearly 9p lower than the same week in 2018.
EU sow prices remaining low as Brexit approaches
06 February 2019
The EU sow price, and particularly the German price, is of great importance to the UK as it provides a good indication of probable trends in GB cull sow prices.
Russia moves to net exporter position in 2018
04 February 2019
Exports of pork and offal from Russia in the year to November totalled 106,000 tonnes, an 11% increase compared to the same period in 2017. This puts the nation into the position of net exporter.
Imports into China faced pressure during 2018
04 February 2019
During 2018, China imported 1.2 million tonnes of fresh/frozen pork, 2% (24,000 tonnes) less than in 2017. In addition to this, 947,000 tonnes of pig offal was imported, down 23% (290,000 tonnes) year-on-year.
Feed Report- January
01 February 2019
Read our latest commentary on the global cereals and oilseeds markets.