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Bethan Wilkins

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AHDB Pork Market Intelligence

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August

Home \ Prices & Stats \ News \ 2018 \ August

Production costs reach 4-year high- producer margins at risk

29 August 2018

The latest estimates from AHDB indicate that total pig production costs for Q2 2018 were the highest since early 2014. At an average 150p/kg, costs were only marginally below the average pig price (EU-spec APP) during the quarter, of 151p/kg.

Italian demand still supporting French trade

29 August 2018

In the first half of the year, French pork exports totalled 218,800 tonnes, up 19,300 (+10%) compared to the same period a year earlier.

Further expansion for the Spanish pork market

29 August 2018

In the year to May, Spain produced over 2 million tonnes of pork, an 8.5% increase year-on-year.

GB pig prices slip slightly

29 August 2018

During the week ended 25 August, the EU-spec SPP dipped by 0.39p, to 148.71p/kg.

EU pig prices: Germany strengthens, while UK dips

29 August 2018

August has been a month of two halves for the EU average pig reference price.

Feed Report- August

28 August 2018

Read our commentary on the latest developments in the global cereal and oilseeds markets.

Minimal movement in GB pig prices

22 August 2018

In the week ended 18 August, the EU-spec SPP slipped by a marginal 0.16p, to 149.10p/kg. The price currently stands 15.56p below the same week last year.

EU pig meat production increases in May

22 August 2018

The latest data from Eurostat show EU pig production was 2.07 million tonnes in May 2018, a 3% increase year-on-year. This was due to a 2% increase in pig slaughterings compared to a year earlier (totalling 22.1 million head) combined with a slight rise in carcase weights (+1%) to average 93.4kg.

EU pork exports grow in June, in tough global conditions

22 August 2018

EU exports of fresh and frozen pork rose by 4% in June compared with a year earlier, at just over 160,000 tonnes, according to data from Eurostat. However, export prices across the region were about 13% lower than a year ago, meaning that the value of June exports was also lower by 10% at €365 million.

UK production above 2017 levels

22 August 2018

Despite reports of reasonably tight supplies, the latest Defra slaughter statistics indicate clean pig throughputs were 6% above year earlier levels in July, at 883,600 head. However, note there was one extra working day in July this year, which may account for some of the increase in throughputs; on a like-for-like basis the growth would be closer to 1%.

Depressed US pork market weighs on Canada

22 August 2018

With US pork prices falling sharply in recent weeks, prices in neighbouring Canada have also taken a tumble. Carcase prices in the most recent week are around 30% lower compared with the June peak in both Quebec and Ontario.

Trade tensions depress US pig prices

22 August 2018

US pig prices have declined sharply in the past two months.

Another small decline in GB pig prices

15 August 2018

During the week ending 11 August, the EU-spec SPP fell by 0.55p to 149.26p/kg, the largest weekly price change in the SPP for eight weeks. The price currently stands 15.27p below year earlier levels.

UK pig meat trade- both imports and exports decline in June

15 August 2018

HMRC reported fresh/frozen pork exports fell 7% year-on-year in June, to total 16,700 tonnes. The fall in pork exports was coupled with a slight 2% decline in average prices, to average £1.35/kg, meaning value fell by 9% on the year to £22.6 million.

Largest Danish pig herd since 2007

15 August 2018

As at July 1 2018, the latest figures from Statistics Denmark indicate that the Danish pig herd totalled 12.9 million head, a 3% increase on year earlier levels. Within this, piglet numbers were 3.5% higher, at 2.6 million head, and slaughter pig numbers were almost 5% higher at 3.0 million head.

Sausages bring home the bacon

15 August 2018

During the 12 weeks to 15 July, retail sales of pig meat* recorded a 1.4% rise year-on-year, according to the latest data from Kantar Worldpanel. With retail prices also increasing, this meant the total value of the category increased by just over 2%.

Subdued retail sales not helping EU pig prices

15 August 2018

With growth anticipated in EU pig meat production across 2018, forecasts from the EU commission and others have expected EU pig meat consumption to increase this year.

Slight easing in GB pig prices

08 August 2018

During the week ending 4 August, movement in the EU-spec SPP was reasonably subdued yet again.

GB pig feed production climbs during the first half of 2018

08 August 2018

During the first half of the year, GB compound pig feed production has increased by 1.8% on the same period in 2017 to 899,000 tonnes, according to latest AHDB/Defra data.

Little movement in EU sow prices

07 August 2018

In the past three months, prices for EU sows have remained reasonably steady.

Chinese pig prices still weak- trade outlook looks bleak?

07 August 2018

Chinese live pig prices have been weak throughout the year, and while there has been some upward momentum since May, prices are still around 10% lower than year earlier levels.

Straw prices continue to trend at high levels

06 August 2018

Recently straw prices have been at record breaking highs.

Another steady week for GB pig prices

01 August 2018

The EU-spec SPP continued to be steady in the week ended 28 July, moving down by only 0.08p on the week, to reach 150.26p/kg.