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Martin Doherty

Senior Analyst - Data & Analysis

AHDB Pork Market Intelligence

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Pig Prices (UK Spec)

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The UK-spec SPP was steady in the week ending 21 March, losing 0.05p to average 160.28p/kg. To say demand in the UK has been unsettled would be an understatement. Responses put in place to battle the coronavirus have led eating out volumes to drop dramatically, while retail purchases have risen sharply.

However, spot prices are reportedly strong at the moment, with some putting them at 170p/kg or more. As well as any short-term clamour for British pork in the retail sector, it may also be re-opening Chinese ports, backed by plentiful import demand, that is behind this strength.

Although concerns remain about processors’ continued ability to operate, the factories seem to be coping well. There are no reports of major interruptions despite some reported labour shortages.

Estimated slaughter in the week was 185,100 head, nearly 6,000 higher than last week and 14% higher than a year ago. Carcase weights fell slightly to 87.15kg. It seems likely animals were brought forward to meet demand and ease the consequences of potential future disruption.

In the week ending 14 March, the UK-spec APP averaged 162.35p/kg, 0.08p lower than in the previous week.

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Pig prices explained and who contributes

Download more detail on the latest GB Standard Pig Price (SPP)

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You can sign up to receive the SPP (Standard Pig Price) by texting dwpig to 83070 for 50p per weekly report. To receive the APP (All Pig Price) by SMS please text dwapp to 84555 for 25p per weekly report.