UK pig prices - week ended 27 September 2014
For the week ended 27 September, the GB SPP fell further to 155.21p per kg, down by almost 1p from the previous week. This confirms that the small increase last week was only temporary and the pig market remains weak.
For the week ended 27 September, the GB SPP fell further to 155.21p per kg, down by almost 1p from the previous week. This confirms that the small increase last week was only temporary and the pig market remains weak. In line with the GB SPP, the EU spec DAPP fell to 155.10p per kg, down by around 1p from the week before. The annual difference continued to widen for this price series, showing a gap of around 16p. This is the last DAPP to be published and going forward only the SPP and the APP prices will be available from next week. AHDB/BPEX estimated clean pig slaughterings totalled 167,800 head for the week ended 27 September. This was marginally up from the previous week but slightly down from the same week in 2013. The weekly carcase weight corresponding to the GB SPP, rose to 81.96kg, a week-on-week change of 200g.
For the week ended 20 September, the GB APP was marginally down on a week earlier at 158.73p per kg. In the same week the GB SPP stood at 156.12p per kg, nearly 3p below the GB APP.
At £51.75 per head, the 30kg weaner price weakened for the week ended 27 September, as supplies on the market increased. This meant prices averaged £2.43 below the previous year’s level. Similarly, the weekly average for a 7kg weaner edged down by 0.21p to £37.94 per head. This came despite a reduction in throughputs, according to industry reports.
While AHDB/BPEX is not able to able publish GB cull sow prices at present, the German price provides a good indication of the trend in the UK market. The German price for this week is down 10% on two weeks earlier.