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Photo of UK pig prices - week ended 20 September 2014

Bethan Wilkins

Analyst

AHDB Pork Market Intelligence

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UK pig prices - week ended 20 September 2014

Home \ Prices & Stats \ News \ 2014 \ September \ UK pig prices - week ended 20 September 2014

For the week ended 20 September, the GB SPP rose by 0.05p to 156.12p per kg, the first increase since late June. However, this may only be a temporary deviation from the general trend of late, especially as pig prices in the EU continued to weaken.

For the week ended 20 September, the GB SPP rose by 0.05p to 156.12p per kg, the first increase since late June. Industry reports suggest that the rise is partly a result of an improvement in the quality of pigs this week, with fewer over-fat animals. Therefore, this may only be a temporary deviation from the general trend of late, especially as pig prices in the EU continued to weaken. The EU-spec DAPP for the same week remained close to the week earlier level, at 156.25p per kg. The DAPP in the latest week was 14p below last year’s level for the same week. The AHDB/BPEX estimate of weekly slaughterings was marginally down compared to a year previously at 166,900 head. The carcase weight corresponding to the GB SPP came to 81.77kg. This was 210g up from the previous week.

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For the week ended 13 September, the GB APP fell marginally to 158.82p per kg. For the same week, the SPP stood at 156.07, marking a difference of nearly 3p between the two price series.

The 30kg weaner price rose by £1.15 to £53.15 per head for the week ended 20 September. A small fall in throughputs this week added some support to the 30kg weaner prices. However, the latest quotation remained £1 below the previous year’s level for the same week. In contrast, the 7kg weaner price edged down on the week, by 68p, to £38.15 per head. The annual difference in the 7kg weaner market is much larger, whereby the weekly price stood £4 below 2013’s level.