GB pig prices record a decline after stability last week - 10 Feb 2018

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During the week ending 10 February, GB pig prices declined again, with the EU spec SPP falling 0.88p on the week, to 145.92p/kg. This follows just a week of stability with pig prices have recorded a downwards trend since the middle of 2017.

Estimated slaughterings fell back a bit week-on-week, to 181,100 head. Although this is a week-on-week decline, compared to the same week last year this is a 9% increase. Carcase weights recorded a gain of 300g on the week to 84.52kg.

The EU-spec APP continued to decline in the week ended 3 February. Prices stood at 149.89p/kg, a 0.41p fall on the previous week narrowing the gap between the APP and SPP for the same week 3.09p.

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In the week ended 10 February, prices for 30kg and 7kg weaners diverged in trend, with 30kg weaners averaging £52.96/head, a decline on the week of 26p. While 7kg weaners averaged at £38.13/head, a gain of 81p week-on-week.

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Rebecca Oborne, Analyst

rebecca.oborne@ahdb.org.uk, 02476 478631