Pig Prices (UK Spec)

GB finished pig prices continued to show little movement in the week ended 10 August, with the UK-spec SPP reaching 150.26p/kg. This was 0.20p higher than a week earlier and nearly 4p above year-earlier levels. Lacklustre domestic demand continues to hamper farmgate prices, despite the high price of imports.

Estimated weekly slaughter totalled 175,300 head, a little higher than last week and up 2% from a year earlier. Carcase weights during the week averaged 85.02kg, also slightly higher than the previous week. Pigs are still nearly 1kg heavier than a year earlier, which is further boosting supplies on the market.

In contrast, the UK-spec APP for the week ending 3 August fell to 152.43p/kg, a week-on-week change of 0.53p. During the same week, the UK-spec SPP stood at 150.06p/kg, meaning the APP was 2.37p higher.