AHDB: Q4 2024 Pork cost of production
These estimates use performance figures for breeding and finishing herds. They indicate that the full economic cost of production for Q4 2024 is estimated at 197p/kg deadweight, with margins per slaughter pig estimated at £10.31 per head and 11.5p/kg deadweight. They estimated cost of production has increased by 7p from 2024 Q3 where the estimated cost of production stood at 190p/kg.
Feed cost have risen this quarter and now make up an estimated 63% of total costs, which is an increase of around 8p. This rise in feed costs has made up the majority of the increase in cost of production.
Energy prices have also increased in Q4 of 2024, but this is offset by the fall in fuel prices and slight deduction in interest costs.
Pig prices have fallen this quarter to around 209p/kg (APP) in Q4 of 2024.
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