UK pig prices - week ended 6 December 2014
For the week ended 6 December, the EU-spec GB SPP continued to fall, for the ninth consecutive week, to 144.65p per kg.
For the week ended 6 December, the EU-spec GB SPP continued to fall, for the ninth consecutive week, to 144.65p per kg. This meant producers received 0.88p less compared with a week earlier. Please note there is one plant missing from the sample this week. Prices across Europe once again weakened, in particular German quotations, which may have partly contributed to the decline in the domestic market. During the week, AHDB/BPEX estimated slaughterings reached 192,000 head, up 4% compared with the same week in 2013. The estimated weekly slaughterings increased for the seventh consecutive week. Carcase weights averaged 81.78kg for the week ended 6 December. The EU-spec GB APP for the week ended 29 September declined to 149.20p per kg, down 0.58p on the week before. The GB SPP for the same week stood at 145.53p per kg, a differential of 3.67p between the two price series.
The 30kg weaner price for the week ended 6 December fell for the third week running to £46.68 per head, its lowest level since February 2013. This was £1.42 per head less than a week earlier and breeders received £9 less compared with the same point in 2013. In contrast, the average 7kg weaner price for the week ended 6 December rose by £1.18 to £34.47 per head. Nevertheless, the 7kg weaner market was somewhat weaker in comparison to last year, as breeders received £8 per head less.
Industry reports suggest a decline in GB sow prices, following on from higher availabilities in Germany and a reduced demand for manufacturing meat in the run up to the Christmas period. Some reports indicate that prices may have dropped as low as 70p/kg as a result, down by more than a third compared with a year ago.