Producer share of retail price falls marginally
During April, the share of the pork retail price received by producers stood just below 39%, according to AHDB estimates.
This was only slightly lower than in March. The small decline occurred because the average farmgate pig price remained steady on the month, while the average retail price recorded a small rise. However, the producer share was three percentage points below year earlier levels, the largest annual decline since Spring 2016. Since this time last year, the average farmgate price has fallen by 10p/kg, while the average retail price has risen by around 4p/kg.
Looking at the individual cuts, most recorded little month-on-month change. Boneless leg cuts increased in average price by 3%, contributing to the small overall rise in retail prices, while fillet of pork dropped by 2%. Compared to a year earlier, average traditional pork sausage prices have risen the most (+11%), whereas boneless shoulder and loin steaks have both dropped by 2%.
Rebecca Oborne, Analyst
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