Retail share of producer price stable for fourth month
The share of the retail price received by producers showed continued stability in June, at 35%.
This is the fourth consecutive month that it has been around this level and the second month where it has increased by just 0.1 percentage points. Both the farmgate and the retail prices showed slight increases in the month, with the farmgate price up 1%, while retail prices saw even smaller gains. This leaves the measure 7 points back on the level seen in June 2014 as farmgate prices are well below last year, while retail prices have recorded very marginal increases.
Retail pork prices remained stable overall in the past month, although with different cuts showing differing trends. Boneless shoulders showed the largest increase of 2%, while loin steaks were up 1%. Pork sausage prices fell by 4% and both leg end fillet and minced pork dropped 2%. The prices of pork sausages, fillet end leg, boneless leg and minced pork all remained below levels seen in 2014. However, the price for shoulders was up by 5% compared with a year earlier, while loin steaks and chops were up 2%.