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Photo of UK pig prices - week ended 13 December

Bethan Wilkins

Analyst

AHDB Pork Market Intelligence

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UK pig prices - week ended 13 December

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UK pig prices - week ended 13 December

This is a fall of over 20p per kg since the peak of the SPP at the end of May.

The EU-spec GB SPP for the week ended 13 December continued to fall, this week by 0.81p to 143.84p per kg. This is a fall of over 20p per kg since the peak of the SPP at the end of May. Please note there is one plant missing from the sample this week. In part the price has been affected by an increased supply; AHDB/BPEX estimates that slaughtering increased to 202,000 head, up on the week as expected in the run up to the holiday period but a 5% increase on this time last year. Higher throughputs are an indication of clean pigs being put forward before processors close over the Christmas period, as well as meeting increased festive demand. Carcase weights continued their recent decrease to a weekly average of 81.21kg, reflecting typical seasonal trends.

For the week ended 6 December the EU-spec GB APP stood at 148.21p per kg, losing a penny on the week. The GB SPP for the same week was 144.65p per kg, marginally reducing the gap between the two prices to 3.56p.

The 30kg weaner price increased marginally (17p) for the week ended 13 December, to £46.85 per head as throughputs stabilised amongst suppliers, despite uncertainty over spring finished pig prices. However, this is almost £11 per head less than this time last year, indicating that the market remains weak. The average 7kg weaner price saw a stronger increase, up 81p per head on the week to £35.28, with slightly tightened throughputs. Be that as it may, the market remains uncertain as the breeder received around £7 less than a year ago.