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Bethan Wilkins

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AHDB Pork Market Intelligence

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July

Home \ Prices & Stats \ News \ 2018 \ July

Risks higher supply availability will keep prices under pressure

31 July 2018

AHDB has recently reviewed the UK pig meat supplies forecast, produced in April.

Japanese pork imports pick up in Q2

31 July 2018

Japan is a key market for high value pig meat products; it has the highest value pork import market across the globe, worth 491 billion Japanese Yen in 2017.

South Korean pork imports still building

31 July 2018

Despite previous expectations that import demand could decline this year, South Korean pork imports were up 15% year-on-year for the first half of 2018, at 294,400 tonnes.

EU pig prices in a holding pattern

31 July 2018

In early July, the average price of pigs traded in the EU remained stable, following some modest volatility earlier in the year. The EU average pig reference price has therefore been around the €145/100kg level since early June.

Feed Report- July

30 July 2018

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

GB pig prices just holding steady

25 July 2018

The EU-spec SPP for week ended 21 July stood at 150.34p/kg, a marginal decrease of 0.13p compared to the previous week. This places the measure 14p below last year’s levels.

Brazil searches for new markets for growing production

25 July 2018

Brazil’s exports of fresh/frozen pork fell in the first six months of 2018, despite higher year-on-year production, leading to a fall in the domestic pig price.

Danish pork exports increase in early 2018

25 July 2018

In the first four months of 2018, Danish fresh/frozen pork exports increased by 8% year-on-year to 375,500 tonnes.

Strong growth in Italian pork imports

25 July 2018

Italy is the largest net importer of pork in the EU. Demand has also been increasing strongly, and in the first four months of 2018, Italy imported 10% more fresh/frozen pork than during the same period a year before.

Earlier Easter boosts EU pork production in April

25 July 2018

Figures from Eurostat show EU pig slaughterings in April were 21 million head, 10% higher year-on-year.

Mixed picture for EU pork exports

24 July 2018

During May, the EU exported 166,900 tonnes of fresh/frozen pork, 2% above year earlier levels.

Pig prices flat as slaughterings pick up

18 July 2018

GB finished pig prices remained stable and recorded no change in the week ending 14 July, with the EU-spec SPP persisting at 150.47p/kg. The price was climbing at this time last year, which has left the current figure 13.7p/kg lower than 2017 levels.

UK’s international pig meat trade decreases during May

18 July 2018

HMRC reported UK imports of fresh/frozen pork declined 12% year-on-year during May, to 35,600 tonnes. Meanwhile, reported exports dropped by 17% on the year, to 15,800 tonnes.

UK pork production dips in June

18 July 2018

Reflecting reports of tight supplies, pork production dipped modestly in June. Output for the month is pegged at 71,800 tonnes, down 1% compared with a year earlier, according to latest figures from Defra.

Summer edition of short-term outlook for EU meat markets

18 July 2018

The European Commission has published its latest EU short-term outlook covering 2018 and 2019.

Producer share of retail price gains slightly during June

17 July 2018

In June, the producer share of the pork retail price increased by just under one percentage point month-on-month, to 39.6%, according to AHDB estimates.  During the month, average farmgate prices creeped up slightly, while the average retail price slipped.

Philippines pig meat imports set to be the largest yet

17 July 2018

The Philippines is an important and growing export market for UK pig meat.

Another week of stable pig prices

11 July 2018

GB finished pig prices remained broadly stable in the week ended 7 July, continuing the trend seen since early June.

German pig population back in decline

11 July 2018

Despite picking up slightly during 2017, the German pig herd has now declined once again.

Sausages and bacon counter weakening fresh pork sales

11 July 2018

The latest data from Kantar Worldpanel, covering the 12 weeks to 17 June, recorded a stable performance for the total pig meat* category. Rising prices meant that in value terms the market grew by just over 1%, to an estimated £994 million.

UK pork imports dropped in Q1 2018

10 July 2018

The latest export data from the UK’s key pork suppliers suggests imports dropped significantly in the first quarter of 2018.

Growth in Irish pig meat exports, but pig prices remain flat

10 July 2018

In the first four months of 2018, Ireland exported 91,000 tonnes of pig meat and offal, up 9% on the same period in 2017 to a new record level.

OECD Agricultural outlook: slowing demand growth for meat products

10 July 2018

Last week, the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organisation for the United Nations (FAO) released their annual agricultural outlook. The current edition provides market predictions for all agricultural commodities for the next 10 years (2018-2027).

Little change in GB pig prices

04 July 2018

In the week ending 30 June, the EU-spec SPP was 150.31p/kg, 0.28p higher compared to the previous week, although the measure remains around 12p below year earlier levels.

EU pig prices warming as supplies tighten

04 July 2018

During June the EU pig reference price was edging upwards until the most recent week, when a small decline was recorded. In the week ended 24 June the average price stood at €145.49/100kg, according to the EU Commission, which is a €2.37 gain on four weeks ago.

Spanish pork exports stride ahead

04 July 2018

Following the long-term trend, Spanish pork exports continued to grow in the first four months of 2018, reaching 537,800 tonnes.

US pig population expands while export markets face increasing uncertainty

04 July 2018

As of the start of June, the overall US pig population was pegged at 73.5 million head, according to the latest figures published by the USDA. This is the highest level reported for Q2 since records began in 1964.

Russian pork imports now negligible

03 July 2018

During the first four months of 2018, Russian pork imports dwindled to a quarter of the volume imported in the same period last year, at just 20,000 tonnes.