2017

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UK PIG PRICES- WEEK ENDED 25 MARCH

29 March 2017

The EU-spec SPP rose for the fourth consecutive week, in week ending 25 March. At 151.70p/kg, the current quote is 0.66p up week on week and is almost 39p higher than the same week in 2016. 

Have Danish pork imports really expanded?

28 March 2017

According to HMRC data published by Global Trade Atlas (hereafter GTA/HMRC), imports of Danish pork to the UK grew by a substantial 73% on the year during 2016, almost reaching 170,000 tonnes shipped weight (sw).

Feed market update – March 2017

28 March 2017

Read our commentary on latest developments in the global cereals and oilseed markets.

Lacklustre UK retail sales continue

27 March 2017

The 12 weeks to 26 February were a mixed bag for pig meat sales, with some differences between categories, according to data provided by Kantar Worldpanel.

EU slaughterings developments defy expectations

23 March 2017

Surprisingly, pig slaughterings within the EU were marginally up for 2016 as a whole, given the decline in the breeding herd reported in both December 2015 and June 2016.

UK pig herd increasing in December

22 March 2017

Defra figures from the 1 December 2016 pig survey show a modest increase in the overall UK pig herd, by 3% to 4.5 million head.

UK pig prices- week ended 18 March

22 March 2017

In week ending 18 March, the EU-spec SPP rose for the third consecutive week, by 0.86p to settle at 151.04p/kg.

Ongoing positivity for EU pig prices

22 March 2017

UK producers, like those across the EU, are currently experiencing much more positive market conditions than this time last year.

EU Pork exports go from strength to strength

21 March 2017

After a successful 2016, exports of fresh and frozen pork from Europe started the New Year strongly. Volumes exported from the EU-28 in January were up more than 20% compared with the same month last year, at 187,300 tonnes.

Producers share of retail price hits highest in 31 months

20 March 2017

The share of pork retail prices received by producers rose in February, averaging 40.5%. This represents half a percentage point increase on January and the largest share since July 2014.

Pig throughputs down again in February

17 March 2017

UK clean pig slaughterings in February were 12% lower than the same month in 2016, at 769 thousand head, according to latest figures from Defra. 

UK PIG PRICES - WEEK ENDED 11 MARCH

15 March 2017

In week ending 11 March, the EU-spec SPP rose for the second week in a row, at 150.18p/kg, an increase of 0.24p. 

Tighter supplies impact January pork trade

15 March 2017

At 16.8 thousand tonnes, UK fresh/frozen pork exports during January showed a small decline on the same month a year earlier, of less than 1%.

Will latest WTO ruling enable EU trade with Russia to resume?

15 March 2017

Russian pork imports declined again during 2016, with shipments for the year dropping below 300,000 tonnes for the first time since 2000. One reason for this is that trade with the EU has been affected by the implementation of bans in 2014. But are some parts of this trade about to resume?

EU pig prices range-bound, for now

13 March 2017

EU-28 prices for pig meat have remained range-bound in the year so far, although there is reason for suppliers to be optimistic about market conditions in the coming months.

Troubling times for EU pig meat demand

13 March 2017

Demand for pig meat in the EU again declined in 2016 which has not only resulted in lower consumption but also stable or even falling retail prices. Processed products, which are generally more widely consumed than fresh pork, also showed volume reductions, albeit to a smaller degree.

Further growth for Spanish exports

09 March 2017

In 2016, exports of Spanish pork rose by 18% compared to the previous year, to 1.47 million tonnes. This is the third consecutive year of strong growth in Spanish exports. The increase comes as a result of high levels of demand in China and 5% higher production in Spain. The average unit price of shipments in euro terms remained stable at €2.15/kg, meaning the value of shipments was also up by 18%, to €3.16 billion.

UK pig prices- week ended 4 March

08 March 2017

The EU-spec SPP rose by 0.35p in the week ending 4 March 2017, to 149.94p/kg. This price is nearly 38p higher than in the same week a year ago.

EU weaner prices skyrocket

07 March 2017

The EU average weaner price has surged over the past three months, climbing over €11 to stand at a shade under €54 per head for week ended 26 February. This is the highest average weaner price on record.

Record exports & roller coaster prices- the global pork market in 2016

06 March 2017

Pork export volumes from the four major pig meat exporters (the EU, US, Canada and Brazil) excelled last year, exceeding 5.5 million tonnes. On top of this, based on prices from the aforementioned countries, the value of the market also recovered from the lows seen early in 2016.

Cereals usage for animal feed forecast to climb

06 March 2017

Demand for cereals for UK animal feed production this season (July 16 – June 17) is expected to increase by 1% on the year at 12.36 million tonnes.

Northern Irish pig herd unchanged in 2016

03 March 2017

As at the 1 December 2016, the total pig herd in Northern Ireland increased very slightly to 534,500 head, from 533,400 in the previous year, according to the Department of Agriculture, Environment and Rural Affairs in Northern Ireland.

Consumer confidence remains positive

03 March 2017

Consumer confidence is a measure of how people feel about present and future financial circumstances, both for themselves and for the wider economy. When the index is high, consumers are expected to increase their spending on goods and services; when low, a decrease in spending is usually anticipated.

English pig herd relatively stable in December

03 March 2017

As at 1 December 2016, the UK pig herd stood at 3.6 million head, 2% (78,000 head) higher year on year, according to the latest Defra livestock survey.

March UK Pig Meat Market Update Out Now

02 March 2017

The latest edition of our UK pig meat market update is out now.

UK PIG PRICES- WEEK ENDED 25 FEBRUARY

01 March 2017

The EU-spec SPP fell by 0.22p in week ended 25 February, to 149.59p/kg.

Pig farm incomes forecast to recover

01 March 2017

The average Farm Business Income (FBI) for specialist pig farms in England is seen to have more than doubled in 2016/17 year on year, from £21,600 to £57,000, according to the latest forecasts from Defra.

EU herd still in decline

28 February 2017

The EU pig breeding herd declined 2% on the year in December 2016, according to latest census results published by Eurostat. This reflects the legacy of poor financial conditions experienced at the start of last year.

EU pork production back in November

24 February 2017

According to the latest figures from Eurostat, 21.9 million pigs were slaughtered in the EU during November 2016.

Feed market update – February 2017

24 February 2017

Read our commentary on latest developments in the global cereals and oilseed markets.

Primary pork still in decline, but processed products more popular

24 February 2017

Volumes of primary pork sold by UK retailers in the 12 weeks ending 29 January continued to be below year earlier levels, according to the latest data from Kantar Worldpanel. In contrast, added value products, such as sausages, showed sales growth year-on-year.

EU pork exports excelled in 2016

23 February 2017

At over 2.3 million tonnes, EU pork export volume grew by a third on the year during 2016.

Trump & Trade - how might pork markets be affected?

22 February 2017

Since his inauguration last month, the new President, Donald Trump, has been reconsidering the US stance on global trade.

UK pig prices- week ended 18 February

22 February 2017

The EU-spec SPP saw a small increase during week ended 18 February, rising 0.15p to 149.81p/kg.

Outlook webinar 2017

22 February 2017

The 2017 Outlook Conference, jointly hosted by AHDB Beef & Lamb and AHDB Pork took place on Tuesday 14 February online as a webinar. This year’s event focused on the prospects for the English beef, lamb and pork sectors as the UK prepares to leave the EU.

Producer share of retail price remains strong

20 February 2017

The share of pork retail prices received by producers remained healthy during January, at 40%. This represented a small fall of less than half a percentage point on December.

Pig meat supplies fall in January

20 February 2017

While UK clean pig slaughterings in January were reported by Defra to be level with the calendar month in 2016, this was due to there being an extra working day in January 2017 compared with 2016.

UK pig meat exports hit 17-year high in 2016

17 February 2017

In December, the volume of UK pig meat exports increased on the year for the first time since August. At over 15,600 tonnes, shipments of pig meat from the UK were 3% higher than December 2015 and the highest volume exported in the month of December since 1999.

An uncertain future for Irish pig meat?

15 February 2017

The pig meat sector is extremely important for Irish agriculture and it is also very export dependent, with the UK its primary destination.

UK pig prices- Week Ended 11 February

15 February 2017

The EU-spec SPP fell again during week ended 11 February, declining 0.3p to 149.66p/kg.

Danish herd shrinks driven by fewer slaughter pigs

15 February 2017

Data from the 1 January pig survey show that the number of pigs in Denmark declined during the course of 2016, ending the year at 12.3 million head.

EU prices rise despite falls in Germany

15 February 2017

Following falls seen shortly after Christmas, there has been some modest recovery in the average EU pig price in the past few weeks.

UK pig supplies to remain tight in the first half of 2017

14 February 2017

The UK pork market has entered a period of tighter supply, following the low prices recorded in 2015 and early 2016. According to latest forecasts from AHDB Pork, this situation is likely to continue into the first half of 2017, but production will start to grow again later in the year.

GB pig feed output down for eighth consecutive month

13 February 2017

GB pig feed production in December was down on the year for the eighth consecutive month, according to the latest Defra data.

UK Pig Prices - Week ended 02 February 2017

08 February 2017

For week ended 4 February, the EU-spec SPP fell for the fifth consecutive week at 149.96p/kg, a decrease of 0.6p.

A recovery for bacon sales?

08 February 2017

Bacon is a popular and versatile red meat product and GB volume sales appear to be on the rise, but what factors are contributing to this increase?

US pig meat exports end 2016 on a high

08 February 2017

For 2016 as a whole, US pork exports increased by 5% on the year to exceed 1.6 million tonnes.

Growth in other Asian markets lags behind China

03 February 2017

With the exception of China, other key Asian pork importers experienced relatively modest growth during 2016. Nonetheless, with Chinese demand ultimately expected to fall back, Hong Kong, Japan and South Korea may be increasingly viewed as important outlets for global pork supplies in the coming years.

February UK Pig Meat Market Update Out Now

03 February 2017

The latest edition of our UK pig meat market update is out now.

Chinese pork imports skyrocket in 2016

03 February 2017

Chinese pork imports more than doubled on the year during 2016, reaching a substantial 1.6 million tonnes shipped weight and establishing the nation as the dominant global pork importer.

UK PIG PRICES - WEEK ENDED 28 JANUARY 2017

01 February 2017

For week ended 28 January, the EU-spec SPP showed very little movement on the previous week, falling by just 0.04p to stand at 150.56p/kg.

Feed market update – January 2017

31 January 2017

Read our commentary on latest developments in the global cereals and oilseed markets.

EU sow prices surge in 2016

31 January 2017

As with finished pig prices, EU sow prices during the latter half of 2016 recovered significantly from the historic lows experienced at the start of the year.

Pig meat sales still rising, unlike pork

26 January 2017

The volume of bacon and added value products, such as sausages, sold by UK retailers in the 12 weeks ending 1 January (including the Christmas period) increased on the year, according to latest data from Kantar World panel.  However, pork sales remained subdued in the same period.

US retaliatory measures against EU?

26 January 2017

The United States announced in late December that it intends taking action against the EU because of trade discrimination against US beef.

UK pig prices- week ended 21 January 2017

25 January 2017

In the week ending 21 January the EU-spec SPP continued its downward trend, losing 0.44p over the week at 150.60p/kg.

Will US pork mountain prove insurmountable for UK exports?

25 January 2017

The latest United States forecasts anticipate that pig meat output will reach a record high this year, up by as much as 5% on 2016 to nearly 12 million tonnes.

EU pork production falls in October, or does it?

25 January 2017

Latest figures from Eurostat suggest that EU pig slaughterings fell by 5% in October compared to the previous year, declining to 21.2 million head.

EU exports returned to growth in November

23 January 2017

EU fresh/frozen pork exports returned to growth during November, following stagnation in the previous month.

Pig meat production inched ahead in 2016

20 January 2017

The volume of pig meat produced in the UK during 2016 was the highest since 2000, according to the latest data from Defra.

Sterling firms following announcement of Brexit

20 January 2017

Rather than compounding the declining value of sterling against the euro, the announcement of the government’s plans for exiting the EU have instead provided some reassurance to markets.

UK PIG PRICES - WEEK ENDED 14 JANUARY 2017

18 January 2017

In week ending the 14 January the EU-spec SPP price fell for the second consecutive week, albeit by a smaller amount (0.2p) to 151.04p/kg.

EU pig prices slide back once festive demand over

18 January 2017

The rises seen in the EU average pig price from November to December were short lived, with prices falling by €3.25 over the past four weeks to €151.88/100kg by the week ended 8 January.

Asia- are UK pork exports up to the challenge?

18 January 2017

The Asia-Pacific region could offer increasing opportunities for global pork exporters looking forward, including the UK.

Value up, volume down for UK pork exports

17 January 2017

The volume of UK pork exports continued to decline in November, following lower levels of domestic production for much of last year. However, the decline in the value of the pound has meant that the value of shipments remains up compared to a year earlier.

Producer share of retail price rises once again in December

17 January 2017

In December, farm gate prices increased for the tenth consecutive month to the highest level of the year.

Global meat prices fall again

13 January 2017

Latest figures from the UN FAO show that global meat prices in 2016 were, on average, 7% lower than in 2015.

UK Pig Prices- Week Ended 07 January 2017

11 January 2017

The EU-spec SPP saw its largest decline for ten months during week ended 07 January. Falling 0.66p on the previous week, the figure stood at 151.24p/kg.

A roller coaster year with more uncertainty to come?

11 January 2017

2016 was a year of highs and lows for the UK pork sector. In March prices fell to their lowest level since 2008. This was followed by 37 continuous weeks of price rises, the longest period of increases on record.

German pig meat demand under pressure

11 January 2017

Consumer demand for pig meat in Germany has been under considerable pressure in the last five years. Recent data published by the German market information agency, AMI, indicates it is taking a major hit including in relation to other meats.

Brazilian exports increase by a third driven by Asian demand

11 January 2017

The volume of fresh/frozen pork exported from Brazil in 2016 was a third higher than 2015 at over 628,600 tonnes.

Feed barley discount or feed wheat premium?

10 January 2017

The price relationship of feed wheat and barley influences the usage of these feed grains. As it stands, the spot premium of UK ex-farm feed wheat over feed barley is just under £18/t and has averaged around £18/t so far this season (Jul-Jan).

Italian pork imports still down on last year

09 January 2017

At 722,900 tonnes, the volume of fresh/frozen pork imported into Italy during the first nine months of 2016 was 5% behind year earlier levels, according to the latest figures released by Istat. Nonetheless, this still leaves Italy the second largest pork importer during Q1-Q3 2016 and therefore still an important player in the global pig meat marketplace.

UK pig prices

04 January 2017

The EU-spec SPP has seen an increase in the week ended 31 December, following the modest decline seen in the previous week.

Dutch exports back further in Q3

04 January 2017

Fresh/frozen pork volumes exported from the Netherlands were back 6% on the 2015 figure during the first nine months of 2016, at 610 thousand tonnes.

Bumper US pig crop exceeds previous expectations

03 January 2017

According to the latest USDA Hogs and Pigs report, as at 1 December 2016 the US pig herd stood at 71.5 million head. This figure, 4% higher than the same point in 2015 and marginally above the revised September estimate, represented the largest December pig herd since 1943.

German breeding herd continues to contract

03 January 2017

Provisional figures from the November census indicate that, at 27.3 million head, the German pig herd had fallen by 1% relative to the same point in 2015.