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Photo of Pig prices heat up on the back of BBQ weather

Bethan Wilkins

Analyst

AHDB Pork Market Intelligence

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Pig prices heat up on the back of BBQ weather

Home \ Prices & Stats \ News \ 2018 \ May \ Pig prices heat up on the back of BBQ weather

During the week ending 19 May, the EU-spec SPP gained 0.73p week-on-week, to 147.94p/kg. The measure currently stands 11.27p below the same week last year.

Estimated slaughterings for the week totalled 173,000 head, an increase of 1% on the revised estimated slaughterings in the prior week. Compared to throughputs in the same week last year, this week stood 3% higher. Average carcase weights rose by just under 300g on-the-week, to 83.38kg. Reports suggest that supply is tight, especially following the recent ‘BBQ weather’ which somewhat cleared out stocks.

The EU-spec APP recorded an increase of 0.48p week-on-week in the week ended 12 May. Standing at 150.12p/kg, the measure is almost 12p below year earlier levels. The gap between the APP and SPP narrowed slightly to 2.91p.

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The 30kg weaner price in the week ending 19 May redressed the sharp decline in the previous week by re-gaining the lost ground (+£5.81), to £53.31 per head. Meanwhile, 7kg weaner price fell by 58p on-the-week to £37.06 per head.

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Rebecca Oborne, Analyst

rebecca.oborne@ahdb.org.uk, 024 7647 8631