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Martin Doherty

Senior Analyst - Data & Analysis

AHDB Pork Market Intelligence

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Pig Prices (UK Spec)

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The UK-spec SPP continued to rise in week ending 15 April to 152.77p/kg, a week on week increase of 1.08p. Compared to the same week in 2016, the current quote is now over 41.5p higher. It has been the story for the past few weeks that tight supplies have been supporting prices and this remains the case. Likewise, anecdotal evidence suggests that the strong demand for UK pig meat is coming more from the export market, rather than domestically which is relatively subdued at the moment.

Estimated throughputs in week ending 15 April fell by 11% on the week and 20% on the year at 147,600 head. It is worth noting however, that there was one less working day in the week due to the Easter bank holiday, would have contributed to some of the fall in throughputs. However, slaughterings were still lower, by 9%, than in the Easter holiday week last year. Average carcase weights also continued to fall in week ending 15 April. At 84.83kg the current weight is 200g lower on the previous week. The average probe measurement fell again last week to 10.8mm the lowest level since March 2014.

In the week ending 8 April the UK-spec APP continued to rise, reaching the highest price for this series since October 2014. At 154.33p/kg the current quote is 1.34p up on the week and nearly 40p higher than the equivalent week in 2016. The gap between the APP and the SPP remains relatively stable at 2.64p/kg.

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You can sign up to receive the SPP (Standard Pig Price) by texting dwpig to 83070 for 50p per weekly report. To receive the APP (All Pig Price) by SMS please text dwapp to 84555 for 25p per weekly report.