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Bethan Wilkins

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AHDB Pork Market Intelligence

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November

Home \ Prices & Stats \ News \ 2016 \ November

UK pig prices - week ended 26 November 2016

30 November 2016

The EU-spec SPP rose yet again for week ended 26 November, climbing 0.58p to reach 150.74p/kg.

Irish export growth slows but UK shipments advance further

29 November 2016

Latest Irish fresh/frozen pork export figures show volumes for the first three quarters of 2016 were up 13% on the previous year, at 139.1 thousand tonnes.

Northern Ireland pig herd grows; Wales shows further decline

28 November 2016

Final results for the June Agricultural Census in Northern Ireland indicate that the pig herd showed slightly more growth than previously anticipated. In contrast, the small Welsh herd declined further.

Modest German export growth continues

28 November 2016

Total German fresh/frozen pork export volumes during the first nine months of the year were up 5% on 2015, at 1.37 million tonnes.

Feed market update - November 2016

28 November 2016

Read our latest summary of developments in the animal feed market.

Comparing UK pig prices with competitors’ prices

25 November 2016

Last month, we published analysis looking at how GB pig prices compare with the EU average price. However, in reality British pork is mainly competing with product from a smaller number of countries; three-quarters of UK imports come from just four, Denmark, the Netherlands, Germany and Ireland. So how do GB prices compare with these four countries? 

Will weak pound make GB pig production competitive?

25 November 2016

Despite a 6% decline on the year-earlier figure, GB production costs were the second highest of all member countries in 2015, according to the latest pig production costs report from InterPIG.

GB production costs remain above competitors

23 November 2016

Average pig production costs in Great Britain fell by 6% in 2015, to £1.33/kg, but even bigger falls in other EU countries meant that GB costs remained among the highest in Europe.

UK pig prices - week ended 19 November 2016

23 November 2016

The EU-spec SPP increased once again in week ended 19 November by 0.30p to 150.16p/kg. This is the highest the SPP has reached in over two years and nearly 24p ahead of the same week last year. This is the 33rd consecutive week that this price has recorded an increase, which extends the record trend, although this represents the smallest weekly rise since April.

Producers back in the black

22 November 2016

Pig production costs in Great Britain rose again in the third quarter of 2016, to an average of 135p/kg, according to latest estimates from AHDB Pork. Despite this, a more rapid rise in pig prices meant that producer margins were positive for the first time since 2014.

EU pig meat exports begin to cool

22 November 2016

EU pork exports began to cool off in September, influenced by a number of factors, including falling Chinese demand and higher supplies of cheaper pork coming from the US and Brazil.

EU pig price still in decline- for now

21 November 2016

The EU-average pig reference price continued to fall over the past three weeks, declining by just over €4 to stand at €150.89/100kg for week ended 13 November.

Further signs of EU supply tightening

18 November 2016

Latest slaughtering and production data from Eurostat provide further indications that EU supplies have been tightening.

UK pork production declines further

18 November 2016

According to the latest figures released from Defra, at 865,100 head, UK clean pig slaughterings were back 5% during October compared to the same month last year.

UK pig prices - week ended 12 November 2016

16 November 2016

For week ended 12 November, the EU-spec SPP continued to climb, by 0.98p to reach 149.86p/kg.

How high can the pig price go?

15 November 2016

Updated analysis of long-term price trends looks at what they can tell us about the current situation.

EU Economic Forecast: Modest growth in challenging times

15 November 2016

In its autumn forecast released last week, the EU Commission forecasts GDP growth in the Eurozone at 1.7% in 2016, 1.5% in 2017 and 1.7% in 2018. GDP in the EU as a whole should follow a similar trend.

China drives Canadian export growth

14 November 2016

In the first nine months of 2016, Canada, the world’s third largest pork exporter, shipped 9% more pork than a year before.

Lower prices fail to stimulate retail pig meat sales

14 November 2016

Expenditure on retail pork purchases was down 13%, compared with a year earlier, for the 12 weeks ending 9 October, according to latest data from Kantar Worldpanel. This was driven by an 8% decline in volume sales that came in spite of a 5% cut in the average price paid.

Producers’ share of pork retail price at 2-year high

11 November 2016

Producers’ share of retail pork prices continued to increase during October, rising by 2 points on the previous month to reach 39%.

Value of UK exports grows, despite falling volumes

11 November 2016

The value of pork exported from the UK during September was up 16% on the year, reaching £21.7 million. This increase occurred despite volume being down 9%, at 16.4 thousand tonnes. A 26% rise in average unit prices supported total export value, aided by the weak the pound which shielded most importing nations from the price rise; in euro terms the price was only up 7%, for example.

UK pig prices - week ended 5 November 2016

09 November 2016

Growth was seen again in the EU-spec SPP during week ended 5 November. Rising by 1.77p on the previous week, the price now stands at 148.88p/kg.

Increasing volumes of UK pork shipped to smaller Asian markets

09 November 2016

An increase in shipments of UK-origin fresh/frozen pork to the Asian destinations of South Korea and the Philippines has been seen so far in 2016, according to data from those two countries. Markets such as these could be key to maintaining total export volumes in 2017, when demand from the dominant non-EU destination, China, is expected to fall back.

Chinese demand drives growth in Hong Kong imports

09 November 2016

The Hong Kong import market has shown significant growth this year, with fresh/frozen pork volumes in January to September up 47% on the first nine months of 2015, to reach 250,000 tonnes.

Low US pig price could trump EU competitiveness

09 November 2016

Cheap US pork could limit the competitiveness of EU and UK pig meat on the global marketplace in the coming months.

Little growth in US exports so far

09 November 2016

US pork exports in the first nine months of the year were up 2% on the same period in 2015, with the majority of the increase coming in the latest three months.

GB pig feed output down for fifth consecutive month

07 November 2016

GB pig feed production in September was down 11% year on year, at 156,800 tonnes, according to latest Defra data

Danish pig herd in decline

07 November 2016

The number of pigs in Denmark on 1 October was 4% lower than a year before, according to new figures from Statistics Denmark.

UK pig prices - week ended 29 October 2016

02 November 2016

The EU-spec SPP continued its upward march in week ended 29 October, reaching 147.11p/kg following an increase of 1.20p.

Feed market update - October 2016

02 November 2016

Read our latest summary of developments in the animal feed market.

Japanese import growth slowing

02 November 2016

In the first nine months of 2016, Japanese imports of fresh/frozen pork were up 10% on 2015 levels, at 641 thousand tonnes.