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Photo of UK pig prices - week ended 10 October 2015

Bethan Wilkins

Analyst

AHDB Pork Market Intelligence

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UK pig prices - week ended 10 October 2015

Home \ Prices & Stats \ News \ 2015 \ October \ UK pig prices - week ended 10 October 2015

In the week ended 10 October, the EU-spec SPP price fell once again to 127.84p/kg. The decline of 1.49p is the largest week on week reduction which has been recorded since February this year.

As was the case last week, this sets a new record for the lowest SPP price to be recorded since the series began in April 2014. Estimated slaughterings for the same week increased by less than half a percent to 186,300 head. However, compared to the corresponding week in 2014, slaughtering levels are estimated to be running 10% higher. The average SPP carcase weight increased by nearly half a kilo to reach 82.19kg. This is the heaviest weight recorded since April 2015 and was slightly heavier than in the same week last year.

For the week ended 3 October 2015, the EU-spec APP also showed a sharp downward movement, losing 1.20p to stand at 133.08p/kg. This price has now fallen nearly 4p/kg in the last five weeks. The gap between the APP and the SPP for the same week fell to its lowest level since April, at 3.75p.

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In the week ended 10 October, the 30kg weaner price dropped by 84p to £43.68 per head, with throughputs remaining relatively unchanged on the week. In contrast, the price of 7kg weaners recorded a marginal increase of 16p to £32.16 per head. The prices for both weights of weaners continue to fall behind the same week in 2014, currently back by more than £5 each.