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Photo of EU weaner price at three year low

Bethan Wilkins

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AHDB Pork Market Intelligence

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EU weaner price at three year low

Home \ Prices & Stats \ News \ 2014 \ October \ EU weaner price at three year low

The EU weaner price has fallen to its lowest point for the year so far in the last week of September. At £38.96 per head, the EU average weaner price for the week ended 28 September was €11 below the start of the year and was the lowest price recorded since November 2011.

The EU weaner price has fallen to its lowest point for the year so far in the last week of September. At £38.96 per head, the EU average weaner price for the week ended 28 September was €11 below the start of the year and was the lowest price recorded since November 2011. Weaner prices had remained above last year’s levels for most of the first half of the year. However, since mid-July, the annual price comparison showed EU weaner prices below year earlier levels and for the latest week, the average marked a difference of nearly €9 below 2013 levels for the same week. The weaner price usually mirrors finished pig prices, albeit with a slightly different seasonal pattern. The weakness in the market is, therefore, largely influenced by lower producer returns of late for finished pigs, despite falling feed prices.

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EU weaner prices weakened the most in the third quarter of this year, largely affected by the key weaner markets in Belgium, Germany and the Netherlands, where prices had come down by €18 since the start of July. Amongst the other key markets, prices generally held up somewhat better, as Spain and France recorded a €10 decline between July and September. In contrast, the Danes were in a better position compared to the other main markets, where prices weakened by €3 during the third quarter. This was partly due to the comparative strength of the Polish weaner market, where prices were broadly stable, encouraging further growth in its imports of Danish animals.