Producer share of retail price reaches new high
The share of pork retail prices received by producers increased by 1% on the month in June to 43.8%. Furthermore, this is the highest proportion received by producers on records going back to 2009.
While the average retail price remained unchanged on the month in June, the EU-spec APP rose by 1%, which led to the producers’ share rising once again. Likewise, with farmgate prices remaining considerably higher than in June last year, the current producers share is nearly 11 percentage points higher.
Marginal monthly price movements for different cuts of pork were recorded in June. However, in June, fillet end leg was 7% more expensive compared to the same month in 2016, while loin steak was 7% cheaper.
Millie Askew, Senior Analyst
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