UK pig price - week ended 8 November 2014
For the week ended 8 November, the EU spec GB SPP fell by 1.69p to 148.07p per kg.
For the week ended 8 November, the EU spec GB SPP fell by 1.69p to 148.07p per kg. Please note that one plant is missing from the SPP sample this week. While prices across Europe have somewhat stabilised, the UK finished pig price has continued to fall, for the fifth consecutive week. As such, subdued domestic demand has continued to add pressure on prices. AHDB/BPEX estimated pig slaughtering for the week ended 8 November totalled 175,800 head, down by 3% on the year earlier. Carcase weights for the same week averaged 82.70kg, marginally higher than the week previous. For the week ended 1 November, the EU-spec GB APP fell by 1.07p to 153.76p per kg. In the same week the SPP stood at 149.76p/kg, a difference of 4p between the two price series.
The 30kg weaner prices rose by 34p for the week ended 8 November, to £49.25 per head while numbers were considerably higher. This was somewhat surprising given that finished pig prices have fallen. However, the weaner price increase may be an indicator of rising demand in the run up to the Christmas holidays. However, breeders received £6 less compared with the same week in 2013. In contrast, the 7kg weaner market edged down from the previous week, by 58p to £35.73 per head while numbers were well down. The annual comparison showed a price fall of almost £8 per head.