UK pig prices - week ended 15 November 2014
For the week ended 15 November, the EU-spec GB SPP fell to 146.89p per kg. This was 1.18p lower than the week earlier, driven by continued pressure on demand and high supplies.
For the week ended 15 November, the EU-spec GB SPP fell to 146.89p per kg. This was 1.18p lower than the week earlier, driven by continued pressure on demand and high supplies. Prices have also been influenced by cheaper imports from the continent. Please note that one plant is missing from the SPP sample this week. As the SPP continues to fall to a new low, prices are now 16p below the level when the series began in April. For the same week, the AHDB/BPEX estimated slaughterings increased for the fourth consecutive week, reaching 179,000 head, up by 1% from a year earlier. For the week ended 15 November, carcase weights averaged 82.64kg, down marginally from the previous week. For the week ended 8 November, the EU-spec GB APP fell by 1.84p to 151.92p per kg. In the same week the SPP stood at 148.07p/kg, a difference of almost 4p between the two price series.
The 30kg weaner price for the week ended 15 November rose to £50.64 per head. This recorded an increase for the third consecutive week and was up by £1.39 compared with the week before, suggesting that the weaner market has gained some momentum. However, breeders were worse off this year, as the weekly average stood almost £7 below last year's level although still up almost £6 compared with the same week of 2012. During the same week, the 7kg weaner price fell marginally to £35.33 per head, also down £7 from last year's level and 40p compared with the previous week.