UK pig price - week ended 30 August
The EU spec DAPP fell, to 157.47p per kg, 10p below the previous year level.
For the week ended 30 August, the GB SPP continued to fall, by 0.69p, to 157.17p per kg on the week earlier. As demand continues to remain subdued even in the last week of summer holidays, the EU spec DAPP also fell, to 157.47p per kg, which was over 10p below the previous year level. The price drop came despite a 12% reduction in supplies, with the estimated weekly slaughterings at 152,200 head. The downturn in supply was a direct consequence of the Bank Holiday on Monday but they were also down on the same week last year. With the cooler temperature of late, carcase weight for the week ended 30 August rose, by 380g, for the second consecutive week to 79.9kg the highest level since the middle of May.
The APP for the week ended 23 August fell marginally to 160.20p per kg, 2.34p higher than the GB SPP during the same week.
The 30kg weaner prices strengthened in the latest week ended 30 August, to £53.75 per head, a week-on-week change of £2.50 per head. The price increase came despite higher availabilities on the market. However, it was only 9p higher compared with the same week in 2013, indicating some weakness in the market. The 7kg weaner market showed a smaller price rise of 45p from the week previous to £39.24 per head but remained around £2 down on the same week in 2013.