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Photo of UK pig prices - week ended 3 May 2014

Bethan Wilkins

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AHDB Pork Market Intelligence

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UK pig prices - week ended 3 May 2014

Home \ Prices & Stats \ News \ 2014 \ May \ UK pig prices - week ended 3 May 2014

The EU-spec DAPP edged up in the latest week, ended 3 May, to 163.90p per kg.

The EU-spec DAPP edged up in the latest week, ended 3 May, to 163.90p per kg. With the return to a full working week, this was more in line with the expected seasonal increase, in comparison to the previous week when finished pig prices fell slightly.  The annual gap in pig prices has narrowed recently and currently stands at 1.44p per kg, the smallest year-on-year rise since August 2012. The estimated weekly throughputs totalled 158,800 head. This was higher than the previous week, which included Easter Monday, but 3% down on a year earlier. Carcase weights continued to track well ahead of last year’s level at 80.09kg. This was just over a kilo heavier compared with the same week in 2013.

UK pig prices - week ended 3 May 2014

The GB APP for the week ended 26 April increased by 0.68 to 165.67p/kig. This contrasted with the small fall in the DAPP for the same week and meant that the APP was a little over 2p higher than the DAPP.

For the week ended 3 May, the 30kg weaner price averaged £57.81 per head. This was nearly £2.50 higher than the previous week. While the latest week showed a sharp rise, reportedly due to more Freedom Food animals being traded, the weaner price is at a similar level to the quotation two week’s previously. In addition, the 30kg weaner price remained well above year earlier levels, with a price increase of £8 per head on the year. In contrast, the price of a 7kg weaner for the same week fell just over £1 below the previous week’s level, to £39.80 per head.