UK pig prices - week ended 17 May 2014
The EU-spec DAPP for the week ended 17 May rose marginally to 161.23p per kg.
The EU-spec DAPP for the week ended 17 May rose marginally to 161.23p per kg. While the latest quote represents an upward trend, pig prices are now only very marginally above the year earlier levels with an annual difference of 0.20p. The market appears to be well balanced, despite supplies remaining relatively tight; during the week, the estimated weekly kill totalled 150,600 head, around 6% down on the year earlier. For the week ended 17 May, the average carcase weight fell below 80kg for the second time since the turn of the year at 79.91kg; declining weights are normal during this time of the year and average weights remain nearly a kilo heavier than last year.
For the week ended 17 May, the 30kg weaner market edged up by 68p to £56.21 per head. At a time when seasonal trend would typically show uplift, weaner prices have shown some volatility with little clear direction over the last couple of months. At the latest price, breeders received almost £7 more compared with the same week last year. Similarly the price of a 7kg weaner continued to rise from the week before, to £41.09 per head for the week ended 17 May. This was a week-on-week change of 71p per head.